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Full title: Notice of Revised Form of Order Regarding Reorganized Debtors Omnibus Objection to Certain Proofs of Claim. (Related document(s):[776] Objection to Claim) Filed by California Resources Corporation (Attachments: # (1) Proposed Order) (Vakamudi, Kiran)

Document posted on Aug 3, 2021 in the bankruptcy, 13 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

,1 : Jointly Administered : Reorganized Debtors. : _ ___________________________________________ x NOTICE OF REVISED ORDER PLEASE TAKE FURTHER NOTICE that on June 21, 2021, California Resources Corporation and certain of its affiliated reorganized debtors filed the Reorganized Debtors’ Omnibus Objection to Certain Proofs of Claim [Docket No. 776] (the “Objection”).REORGANIZED DEBTORS’ OMNIBUS OBJECTION TO CERTAIN PROOFS OF CLAIMS Upon the omnibus objection (the “Objection”)2 of California Resources Corporation and its affiliated reorganized debtors (collectively, the “Reorganized Debtors”), for entry of an order (this “Order”), sustaining the No Liability Claims set forth in Schedule 1 attached hereto, pursuant to sections 105(a) and 502(b) of the Bankruptcy Code; and this Court having jurisdiction to consider the Motion pursuant to 28 U.S.C. § 1334; and venue of these chapter 11 cases and the Motion in this district being proper pursuant to 28 U.S.C. §§ 1408 and 1409; and this matter being a core proceeding pursuant to 28 U.S.C. § 157(b); and this Court having found that proper and adequate notice of the Objection and the relief requested therein has been provided in accordance with the Bankruptcy Rules, the Bankruptcy Local Rules and the Bankruptcy Local Rules, and that, except as otherwise ordered herein, no other or further notice is necessary; and any objections (if any) to the Objection having been withdrawn, resolved or overruled on the merits; and upon the record of all of the proceedings had before this Court; andThe Debtors have no record of an active owner acc13141 GLENOAKS BLVD California Resources for this owner and have no liability with respect to SYLMAR, CA 91342 Corporation claim in their books and records.DATE CASE NUMBER / CLAIM CLAIM NAME FILED DEBTOR CLAIM # CLASSES AMOUNTS REASON FOR DISALLOWANCESPREWELL, TRIKA 7/7/2021 20-33568 (DRJ) 159 503(b)(9) $33,609,581,898.93 Debtors’ do not believe it has any liability based o401 E 95TH ST California Resources review of their books and records.The Debtors have no record of an active owner acc13141 GLENOAKS BLVD California Resources for this owner and have no liability with respect to SYLMAR, CA 91342 Corporation claim in their books and records.

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION ____________________________________________ x : Chapter 11 In re : : Case No. 20-33568 (DRJ) CALIFORNIA RESOURCES CORPORATION, : et al.,1 : Jointly Administered : Reorganized Debtors. : _ ___________________________________________ x NOTICE OF REVISED ORDER PLEASE TAKE FURTHER NOTICE that on June 21, 2021, California Resources Corporation and certain of its affiliated reorganized debtors filed the Reorganized Debtors’ Omnibus Objection to Certain Proofs of Claim [Docket No. 776] (the “Objection”). PLEASE TAKE FURTHER NOTICE that a hearing (the “Hearing”) on the Objection was held on August 4, 2021. PLEASE TAKE FURTHER NOTICE that for the reasons stated on the record at the Hearing and as requested by the Court, attached as Exhibit A is a revised version of the order sustaining the Objection. Attached as Exhibit B is a redline of the revised order against the original order filed with the Objection. 1 The Reorganized Debtors in these chapter 11 cases and the last four digits of their U.S. taxpayer identification numbers are California Resources Corporation (0947) and CRC Services, LLC (6989). The Reorganized Debtors’ corporate headquarters is located at 27200 Tourney Road, Suite 200, Santa Clarita, CA 91355.

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Houston, Texas August 4, 2021 Respectfully Submitted, /s/ Paul E. Heath VINSON & ELKINS LLP SULLIVAN & CROMWELL LLP Harry A. Perrin (TX 15796800) Andrew G. Dietderich (admitted pro hac vice) Paul E. Heath (TX 09355050) James L. Bromley (admitted pro hac vice) Matthew W. Moran (TX 24092856) Alexa J. Kranzley (admitted pro hac vice) 1001 Fannin Street, Suite 2500 125 Broad Street Houston, TX 77002-6760 New York, NY 10004 Telephone: (713) 758-2222 Telephone: (212) 558-4000 Facsimile: (713) 758-2346 Facsimile: (212) 558-3588 E-mail: hperrin@velaw.com E-mail: dietdericha@sullcrom.com pheath@velaw.com bromleyj@sullcrom.com mmoran@velaw.com kranzleya@sullcrom.com Co-Counsel to the Reorganized Debtors Co-Counsel to the Reorganized Debtors

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Exhibit A Revised Order

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION ____________________________________________ x : Chapter 11 In re : : Case No. 20-33568 (DRJ) CALIFORNIA RESOURCES CORPORATION, : et al.,1 : Jointly Administered : Reorganized Debtors. : ____________________________________________ x ORDER SUSTAINING REORGANIZED DEBTORS’ OMNIBUS OBJECTION TO CERTAIN PROOFS OF CLAIMS Upon the omnibus objection (the “Objection”)2 of California Resources Corporation and its affiliated reorganized debtors (collectively, the “Reorganized Debtors”), for entry of an order (this “Order”), sustaining the No Liability Claims set forth in Schedule 1 attached hereto, pursuant to sections 105(a) and 502(b) of the Bankruptcy Code; and this Court having jurisdiction to consider the Motion pursuant to 28 U.S.C. § 1334; and venue of these chapter 11 cases and the Motion in this district being proper pursuant to 28 U.S.C. §§ 1408 and 1409; and this matter being a core proceeding pursuant to 28 U.S.C. § 157(b); and this Court having found that proper and adequate notice of the Objection and the relief requested therein has been provided in accordance with the Bankruptcy Rules, the Bankruptcy Local Rules and the Bankruptcy Local Rules, and that, except as otherwise ordered herein, no other or further notice is necessary; and any objections (if any) to the Objection having been withdrawn, resolved or overruled on the merits; and upon the record of all of the proceedings had before this Court; and 1 The Reorganized Debtors in these chapter 11 cases and the last four digits of their U.S. taxpayer identification numbers are California Resources Corporation (0947) and CRC Services, LLC (6989). The Reorganized Debtors’ corporate headquarters is located at 27200 Tourney Road, Suite 200, Santa Clarita, CA 91355. 2 Capitalized terms not otherwise defined herein are to be given the meanings ascribed to them in the Objection.

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this Court having found and determined that the relief sought in the Objection is in the best interests of the Reorganized Debtors, their estates, their creditors and all other parties-in-interest; and that the legal and factual bases set forth in the Motion establish just cause for the relief granted herein; and after due deliberation and sufficient cause appearing therefor; IT IS HEREBY ORDERED THAT: 1. The Objection is sustained as set forth herein. 2. Each No Liability Claim set forth in Schedule 1 attached hereto is disallowed and expunged in its entirety. 3. Epiq Corporate Restructuring, LLC, as the claims and administrative Agent, is authorized and directed to update the claims register maintained in these chapter 11 cases to reflect the relief granted in this Order. 4. To the extent a response is filed regarding any No Liability Claim, each such No Liability Claim, and the Objection as it pertains to such No Liability Claim, will constitute a separate contested matter as contemplated by Bankruptcy Rule 9014. This Order will be deemed a separate order with respect to each No Liability Claim. 5. Notwithstanding Bankruptcy Rule 6004(h), the terms and conditions of this Order are immediately effective and enforceable upon its entry. 6. The Reorganized Debtors are authorized to take all actions necessary to effectuate the relief granted in this Order. 7. This Court retains exclusive jurisdiction with respect to all matters arising from or related to the implementation, interpretation and enforcement of this Order. Dated: _____________, 2021 Houston, Texas THE HONORABLE DAVID R. JONES CHIEF UNITED STATES BANKRUPTCY JUDGE

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Schedule 1 No Liability Claims

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First Omnibus Objection Schedule 1 - No Liability Claims DATE CASE NUMBER / CLAIM CLAIM NAME FILED DEBTOR CLAIM # CLASSES AMOUNTS REASON FOR DISALLOWANCEBOMBERGER, ARTHUR 8/10/2020 20-33568 (DRJ) 10025 Unsecured Undetermined* The claimant is attempting to prove current 4525 N SEELEY AVE, UNIT 2 California Resources ownership/change ownership of a royalty interest. CHICAGO, IL 60625 Corporation Currently, the Debtors have no liability owed to thclaimant until the title is confirmed/transfer is complete. The Debtors’ have provided the claimant with instructions and requirements to complete a ti transfer. To date, the claimant has failed to provide sufficient documentation to prove ownership/comp the transfer. The related suspended funds on accou the property interest will be paid in the ordinary co of business. CORMICK, WENDY 10/8/2020 20-33568 (DRJ) 67 Unsecured $10,000.00 The Debtors have no record of an active owner acc15130 SAN JOSE ST California Resources for this owner and have no liability with respect to MISSION HILLS, CA 91345 Corporation claim in their books and records. Multiple attemptscontact the claimant asking for additional documentation were not returned. COX, DACIA 8/7/2020 20-33568 (DRJ) 10023 Unsecured Undetermined* The claimant failed to provide documentation 409 E NORTH AVE, #56 California Resources supporting the claim. The Debtors attempted to coTRINIDAD, CO 81082 Corporation the claimant via telephone and email and never received a response. Furthermore, the Debtors hav record of the claimant and no liability in their book and records. ELYNX TECHNOLOGIES LLC 9/28/2020 20-33568 (DRJ) 40 Unsecured $96,208.62 The claim is for postpetition invoices and an early ATTN STEVE HARDWICK California Resources termination fee for a contract that the Debtors elect2431 E 61ST ST, STE 700 Corporation not to renew. The Debtors attempted to consensualTULSA, OK 74136 resolve this claim and were unsuccessful. Accordin the Debtors have no liability with respect to this cl in their books and records. GARCIA, AMADO 9/21/2020 20-33568 (DRJ) 10077 Unsecured Undetermined* The Debtors have no record of an active owner acc13141 GLENOAKS BLVD California Resources for this owner and have no liability with respect to SYLMAR, CA 91342 Corporation claim in their books and records. Multiple attemptscontact the claimant asking for additional documentation were not returned.

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First Omnibus Objection Schedule 1 - No Liability Claims DATE CASE NUMBER / CLAIM CLAIM NAME FILED DEBTOR CLAIM # CLASSES AMOUNTS REASON FOR DISALLOWANCEGEYER, JACQUES & WILMA 3/1/2021 20-33568 (DRJ) 149 Unsecured $90,000.00 The claimant failed to provide documentation supp34 TONI DR California Resources their claim. Based on discussions with the claimantENGLEWOOD CLIFFS, NJ 07632 Corporation Debtors’ understanding is that the claim is on accoof prepetition bonds which is duplicative of the Indenture Trustee's (Wilmington Trust) claim. The Indenture Trustee’s claim was satisfied as class 5 unsecured debt claim and the prepetition indenture canceled pursuant to the Amended Joint Plan of Reorganization [Docket No. 626]. The Debtors ha further liability on account the prepetition bonds a related indenture. KALBASSI, JAFAR 1/12/2021 20-33568 (DRJ) 148 Priority $5,000.00 The claimant states that they are an individual bonPO BOX 10866 California Resources Secured $0.00 holder of California Resources Corp. 5.5% notes dCHICAGO, IL 60610 Corporation 9/15/2021. The claim is duplicative of claim 66 whTotal $ 5,000.00 was filed by Wilmington Trust. The Indenture Trustee’s claim was satisfied as class 5 unsecured claim and the prepetition indenture was canceled pursuant to the Amended Joint Plan of Reorganizat [Docket No. 626]. The Debtors have no further lia on account the prepetition bonds and related indent The Debtors attempted to consensually resolve this claim and were unsuccessful. PRAXAIR DISTRIBUTION INC 10/5/2020 20-33568 (DRJ) 59 Administrative $4,535.53 The claim includes $5,700 on account of gas cylinC/O BARR CREDIT SERVICES California Resources Unsecured $5,700.00 tanks that the claimant indicated are missing. The 4555 S PALO VERDE, STE 125 Corporation Debtors made multiple requests for an invoice and TUCSON, AZ 85714 Total $ 10,235.53 documentation supporting this amount which the claimant was unable to provide. The gas cylinder charge is not supported by the Debtors' books and records. The remainder of the claim was satisfied a class 6 general unsecured claim pursuant to the Amended Joint Plan of Reorganization [Docket No 626]. SEABOARD INVESTMENT COMPANY 10/2/2020 20-33568 (DRJ) 10086 Unsecured Undetermined* The claimant is attempting to prove current 17291 IRVINE BLVD, STE 350 California Resources ownership/change ownership of a royalty interest. TUSTIN, CA 92780 Corporation Currently, the Debtors have no liability owed to thclaimant until the title is confirmed/transfer is com as communicated to the claimant. To date, the clai has failed to provide sufficient documentation to pr ownership/complete the transfer. The related suspe funds on account of the property interest will be pa the ordinary course of business.

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First Omnibus Objection Schedule 1 - No Liability Claims DATE CASE NUMBER / CLAIM CLAIM NAME FILED DEBTOR CLAIM # CLASSES AMOUNTS REASON FOR DISALLOWANCESPREWELL, TRIKA 7/7/2021 20-33568 (DRJ) 159 503(b)(9) $33,609,581,898.93 Debtors’ do not believe it has any liability based o401 E 95TH ST California Resources review of their books and records. The Debtors LOS ANGELES, CA 90003 Corporation attempted to consensually resolve this claim and wunsuccessful. SPREWELL, TRIKA ITASKA 7/22/2020 20-33568 (DRJ) 10015 503(b)(9) Undetermined* Debtors’ do not believe it has any liability based o401 E 95TH ST California Resources Priority Undetermined* review of their books and records. The Debtors LOS ANGELES, CA 90003 Corporation Secured Undetermined* attempted to consensually resolve this claim and wunsuccessful. Total Undetermined* SPREWELL, TRIKA ITASKA 7/30/2020 20-33568 (DRJ) 4 Priority Undetermined* Debtors’ do not believe it has any liability based o401 E 95TH ST California Resources Secured Undetermined* review of their books and records. The Debtors LOS ANGELES, CA 90003 Corporation attempted to consensually resolve this claim and wTotal Undetermined* unsuccessful. TOTAL $ 33,609,793,343.08*

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Exhibit B Redline

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First Omnibus Objection Schedule 1 - No Liability Claims DATE CASE NUMBER / CLAIM CLAIM NAME FILED DEBTOR CLAIM # CLASSES AMOUNTS REASON FOR DISALLOWANCEBOMBERGER, ARTHUR 8/10/2020 20-33568 (DRJ) 10025 Unsecured Undetermined* The claimant is attempting to prove current 4525 N SEELEY AVE, UNIT 2 California Resources ownership/change ownership of a royalty interest. CHICAGO, IL 60625 Corporation Currently, the Debtors have no liability owed to thclaimant until the title is confirmed/transfer is complete. The Debtors’ have provided the claimant with instructions and requirements to complete a ti transfer. To date, the claimant has failed to provide sufficient documentation to prove ownership/comp the transfer. The related suspended funds on accou the property interest will be paid in the ordinary co of business. CORMICK, WENDY 10/8/2020 20-33568 (DRJ) 67 Unsecured $10,000.00 The Debtors have no record of an active owner acc15130 SAN JOSE ST California Resources for this owner and have no liability with respect to MISSION HILLS, CA 91345 Corporation claim in their books and records. Multiple attemptscontact the claimant asking for additional documentation were not returned. COX, DACIA 8/7/2020 20-33568 (DRJ) 10023 Unsecured Undetermined* The claimant failed to provide documentation 409 E NORTH AVE, #56 California Resources supporting the claim. The Debtors attempted to coTRINIDAD, CO 81082 Corporation the claimant via telephone and email and never received a response. Furthermore, the Debtors hav record of the claimant and no liability in their book and records. ELYNX TECHNOLOGIES LLC 9/28/2020 20-33568 (DRJ) 40 Unsecured $96,208.62 The claim is for postpetition invoices and an early ATTN STEVE HARDWICK California Resources termination fee for a contract that the Debtors elect2431 E 61ST ST, STE 700 Corporation not to renew. The Debtors attempted to consensualTULSA, OK 74136 resolve this claim and were unsuccessful. Accordin the Debtors have no liability with respect to this cl in their books and records. GARCIA, AMADO 9/21/2020 20-33568 (DRJ) 10077 Unsecured Undetermined* The Debtors have no record of an active owner acc13141 GLENOAKS BLVD California Resources for this owner and have no liability with respect to SYLMAR, CA 91342 Corporation claim in their books and records. Multiple attemptscontact the claimant asking for additional documentation were not returned.

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First Omnibus Objection Schedule 1 - No Liability Claims DATE CASE NUMBER / CLAIM CLAIM NAME FILED DEBTOR CLAIM # CLASSES AMOUNTS REASON FOR DISALLOWANCEGEYER, JACQUES & WILMA 3/1/2021 20-33568 (DRJ) 149 Unsecured $90,000.00 The claimant failed to provide documentation supp34 TONI DR California Resources their claim. Based on discussions with the claimantENGLEWOOD CLIFFS, NJ 07632 Corporation Debtors’ understanding is that the claim is on accoof prepetition bonds which is duplicative of the Indenture Trustee's (Wilmington Trust) claim. The Indenture Trustee’s claim was satisfied as class 5 unsecured debt claim and the prepetition indenture canceled pursuant to the Amended Joint Plan of Reorganization [Docket No. 626]. The Debtors ha further liability on account the prepetition bonds a related indenture. KALBASSI, JAFAR 1/12/2021 20-33568 (DRJ) 148 Priority $5,000.00 The claimant states that they are an individual bonPO BOX 10866 California Resources Secured $0.00 holder of California Resources Corp. 5.5% notes dCHICAGO, IL 60610 Corporation 9/15/2021. The claim is duplicative of claim 66 whTotal $ 5,000.00 was filed by Wilmington Trust. The Indenture Trustee’s claim was satisfied as class 5 unsecured claim and the prepetition indenture was canceled pursuant to the Amended Joint Plan of Reorganizat [Docket No. 626]. The Debtors have no further lia on account the prepetition bonds and related indent The Debtors attempted to consensually resolve this claim and were unsuccessful. PRAXAIR DISTRIBUTION INC 10/5/2020 20-33568 (DRJ) 59 Administrative $4,535.53 The claim includes $5,700 on account of gas cylinC/O BARR CREDIT SERVICES California Resources Unsecured $5,700.00 tanks that the claimant indicated are missing. The 4555 S PALO VERDE, STE 125 Corporation Debtors made multiple requests for an invoice and TUCSON, AZ 85714 Total $ 10,235.53 documentation supporting this amount which the claimant was unable to provide. The gas cylinder charge is not supported by the Debtors' books and records. The remainder of the claim was satisfied a class 6 general unsecured claim pursuant to the Amended Joint Plan of Reorganization [Docket No 626]. SEABOARD INVESTMENT COMPANY 10/2/2020 20-33568 (DRJ) 10086 Unsecured Undetermined* The claimant is attempting to prove current 17291 IRVINE BLVD, STE 350 California Resources ownership/change ownership of a royalty interest. TUSTIN, CA 92780 Corporation Currently, the Debtors have no liability owed to thclaimant until the title is confirmed/transfer is com as communicated to the claimant. To date, the clai has failed to provide sufficient documentation to pr ownership/complete the transfer. The related suspe funds on account of the property interest will be pa the ordinary course of business.

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First Omnibus Objection Schedule 1 - No Liability Claims DATE CASE NUMBER / CLAIM CLAIM NAME FILED DEBTOR CLAIM # CLASSES AMOUNTS REASON FOR DISALLOWANCESPREWELL, TRIKA 7/7/2021 20-33568 (DRJ) 159 503(b)(9) $33,609,581,898.93 Debtors’ do not believe it has any liability based o401 E 95TH ST California Resources review of their books and records. The Debtors LOS ANGELES, CA 90003 Corporation attempted to consensually resolve this claim and wunsuccessful. SPREWELL, TRIKA ITASKA 7/22/2020 20-33568 (DRJ) 10015 503(b)(9) Undetermined* Debtors’ do not believe it has any liability based o401 E 95TH ST California Resources Priority Undetermined* review of their books and records. The Debtors LOS ANGELES, CA 90003 Corporation Secured Undetermined* attempted to consensually resolve this claim and wunsuccessful. Total Undetermined* SPREWELL, TRIKA ITASKA 7/30/2020 20-33568 (DRJ) 4 Priority Undetermined* Debtors’ do not believe it has any liability based o401 E 95TH ST California Resources Secured Undetermined* review of their books and records. The Debtors LOS ANGELES, CA 90003 Corporation attempted to consensually resolve this claim and wTotal Undetermined* unsuccessful. TOTAL $ 33,609,793,343.08*

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