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H.S. freshman Good
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New words:
Additionally, Aera, agricultural, Antitrust, Apache, assuming, bridge, cancelled, cancer, CARB, circulate, circulated, Citigroup, comment, component, conservation, CTV, decide, disallowed, disposition, District, draft, economy, eligibility, exclusively, facilitated, fall, feedback, Fort, fully, hand, hearing, HSR, Huntington, incurrence, judgement, legacy, letter, lock, matter, merger, milestone, military, MMcf, notice, occurrence, ordinance, overriding, postponed, postponement, postponing, preemptory, purpose, receipt, Recirculated, recommend, recommended, Red, regular, rejection, repay, revised, satisfaction, scheduled, Sea, sidetrack, slight, sought, SREIR, SSREIR, stage, steamflood, stronger, temporary, unsecured, waiting, withheld, withholding, Yemen
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acquisition, advocacy, buyer, decarbonization, deductibility, deep, delay, depending, designate, downhole, evaluating, expansion, experienced, extended, feasibility, fee, Force, formed, Governor, grow, implementation, Iran, July, largely, lead, lease, legislature, lesser, located, long, optimize, original, outcome, partially, physical, plugging, ranging, recent, recently, recurring, reducing, releasing, retained, secure, securing, seismic, sequestration, size, spent, stand, startup, store, strike, stringent, subjective, subsequently, system, Task, technical, transport, treatment, ultimately, unable, unused, utilized, workover
Financial report summary
?Management Discussion
- We are an independent oil and natural gas exploration and production and carbon management company operating properties exclusively within California. We are committed to energy transition and have some of the lowest carbon intensity production in the United States. We are in the early stages of permitting several carbon capture and storage (CCS) projects in California. Our carbon management business, which we refer to as Carbon TerraVault, is expected to build, install, operate and maintain CO2 capture equipment, transportation assets and storage facilities in California. In August 2022, we entered into a joint venture with BGTF Sierra Aggregator LLC (Brookfield) to pursue carbon management and storage activities (Carbon TerraVault JV). For more information about the risks involved in our carbon capture projects, see Part I, Item 1A – Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2023 (2023 Annual Report) and for more information on the Carbon TerraVault JV, see Part I, Item 1 – Financial Statements, Note 3 Investment in Unconsolidated Subsidiary and Related Party Transactions.