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    Oxy oil discovery could spark new interest in California's energy potential
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    Some experts say it could herald a period of new exploration in California and the U.S. "Certainly this kind of success will send other people back to California to rethink the geology and rethink the theories of the area" said Daniel Yergin, chairman of IHS Cambridge Energy Research Associates and author of the Pulitzer Prize-winning history of the oil industry "The Prize: The Epic Quest for Oil, Money and Power." Full Article at Los Angeles Times
    Certainly this kind of success will send other people back to California to rethink the geology and rethink the theories of the area
    – Daniel Yergin SOURCE: Los Angeles Times 2 months ago
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Oxy oil discovery could spark new interest in California's energy potential
  1. Most of the land was not held by individuals. Most was held by some kind of corporation or institution, some by the federal government. This wasn't a redwood forest. If you had the water for it, you might be raising cotton, at best, on it. Some of it we owned. We have the oil rights to 1 million acres t...
    SOURCE: Los Angeles Times 2 months ago
  2. It's very rare to have a find of this size
    SOURCE: Los Angeles Times 2 months ago
  3. We had considerable acreage that turned out to be good as goat pasture
    SOURCE: Los Angeles Times 2 months ago
  4. there is no good analogy that we can come up with that looks like this field anywhere in the lower 48
    SOURCE: Los Angeles Times 2 months ago
  5. The way we found it is obviously proprietary ... Other people might own acreage nearby that we will want to acquire.
    SOURCE: Los Angeles Times 2 months ago
  6. We're seeing quite a bit of activity ... A: They think they can find more oil; B: They think they can get it out of the ground.
    SOURCE: Los Angeles Times 2 months ago
  7. we had a small amount of production in California, historically, but we made a commitment to explore in the state. Even so, it has taken us the better part of 10 years to get where we are now.
    SOURCE: Los Angeles Times 2 months ago

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