Aera, Ventura County’s leading oil producer, sold to German firm
Aera Energy, one of the biggest oil and gas producers in the tri-county region, will be sold by its owners, ExxonMobil and Shell, to a privately held German company, IKAV. The companies announced the deal Sept. 1. Shell owns about 52% of Aera, and Exxon owns about 48%. IKAV will pay about $4 billion in Read More →
Patagonia, oil companies face off in Ventura County ballot campaign over drilling regulations
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Ventura County hit with lawsuits over General Plan
More than half a dozen groups have sued Ventura County in response to the county’s recently adopted 2040 General Plan. The plan went into effect Oct. 15, 30 days after it was passed by the Ventura County Board of Supervisors. Several of the groups that filed suit against the county are oil and energy interests Read More →
Aera Energy’s new plan for East Cat Canyon scales back wells
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Aera downsizes East Cat Canyon proposal
Aera Energy has sharply reduced the number of wells in its proposed redevelopment of the East Cat Canyon in North Santa Barbara County. The company told the Business Times that it plans to reduce the number of wells drilled from 296 to 189 without reducing output goals. The downsized footprint would reduce air emissions, freshwater Read More →
Aera Energy’s plan for oil wells in East Cat Canyon scrutinized
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Hearing on Aera Energy’s East Cat Canyon proposal draws big crowd
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