X0306 4 2014-11-28 0 0001609253 California Resources Corp CRC 0000797468 OCCIDENTAL PETROLEUM CORP /DE/ 5 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046 0 0 1 0 Common Stock, $0.01 par value 2014-11-28 4 J 0 381388779 0 A 381389779 D Common Stock, $0.01 par value 2014-11-30 4 J 0 309889779 0 D 71500000 D On November 28, 2014, California Resources Corporation ("CRC") issued these shares of its common stock to its sole stockholder, Occidental Petroleum Corporation ("Occidental"), in a stock dividend exempt pursuant to Rule 16a-9. Prior to the stock dividend of these shares, Occidental owned 1,000 shares of CRC common stock. On November 30, 2014, Occidental made a pro rata distribution of approximately 80.5% of the outstanding shares of CRC common stock to Occidental's stockholders as of November 17, 2014, the record date for the transaction. Additional information about this transaction can be found in CRC's filings with the Securities and Exchange Commission, including a registration statement on Form 10. /s/ Jennifer Kirk, Vice President and Controller 2014-12-02