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OXY > SEC Filings for OXY > Form 8-K on 5-Jun-2014All Recent SEC Filings




Regulation FD Disclosure, Financial Statements and Exhibits

Item 7.01. Regulation FD Disclosure

On February 14, 2014, Occidental Petroleum Corporation ("Occidental") announced that its board of directors had authorized management to pursue the spin-off of its California oil and gas business into a standalone, publicly traded company. On June 5, 2014, Occidental's subsidiary California Resources Corporation ("CRC") filed a registration statement on Form 10 under the Securities Exchange Act of 1934 relating to the common stock of CRC that is expected to be distributed by Occidental to its stockholders to effect the spin-off of the California oil and gas business. The registration statement has not been declared effective by the SEC and is subject to completion. A copy of the press release regarding the filing of the registration statement on Form 10 is furnished as Exhibit 99.1 hereto and incorporated herein by reference. The information in this Item 7.01 and Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated June 5, 2014.

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