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diversified investing universe. Our expanded about providing leadership to this important develop carbon capture and permanent
focus will be on financing growing companies, area and ensuring CRC’s ESG initiatives sequestration (CCS) within Nebraska.
both within Canada and across North are well understood and bring positive Through this arrangement, Chief Ethanol,
America”. outcomes for our communities, employees a division of Chief Industries, based in
ARC is committed to pursuing investments and shareholders. CRC has great potential to Hastings, NE, joins forces with Catahoula,
in the traditional oil and gas space, as global elevate its ESG leadership by leveraging its a portfolio company of private investment
demand persists and traditional fuels will strategic position, assets and opportunities firm the Energy and Minerals Group (EMG),
continue to support and enable the transition to contribute to California’s decarbonisation one of the largest investors in midstream
to a net-zero emissions based energy and energy transition efforts. To be more infrastructure in North America and a
system. Both areas are presenting attractive specific, I am particularly thrilled about proven leader in identifying, developing and
opportunities for ARC’s capital and expertise. CCS opportunities within CRC’s vast asset executing world-class design/build/operate
ARC FINANCIAL, June 17, 2021 base that can become building blocks that capabilities for midstream assets.
help California meet its carbon goals while Catahoula and Chief are currently
California Resources sustainably supporting the State’s energy evaluating CCS infrastructure investments
that will enhance the sustainability and
demand.” Mr. Gould also has extensive
announces appointment experience in energy trading, finance, improve the economics of ethanol production
strategic planning, and technology innovation
through low-cost carbon storage within
of first chief sustainability focused on decarbonisation. His commitment Nebraska. Work has already begun to evaluate
favorable storage geology through Catahoula’s
to sustainability and the environment
officer has been reflected throughout his career, joint development arrangement with Battelle.
“The passage of LB650 shows that
beginning with his early engineering focus on
California Resources today announced environmental remediation, his service as a Nebraska is serious about our global
that Chris Gould has been appointed as the trustee on the board of a global environmental environment. Allowing for the geologic
company’s first ever executive vice president conservation non-profit, and his work to storage of carbon dioxide will truly benefit the
and chief sustainability officer. “Bringing commercialize innovative decarbonisation citizens and industries within our state,” said
Chris on board reflects the importance of technologies. Mr. Gould holds a Bachelor Chief Industries, Inc. CEO, DJ Eihusen. “Chief
our ESG initiatives and our commitment of Civil Engineering from Penn State is excited to be teaming up with a group such
to decarbonisation and a realistic energy University and an MBA from the University of as Catahoula. Their expertise and knowledge
transition,” said Mac McFarland, CEO and Pittsburgh. in this space leaves us encouraged that Chief
president. “His considerable leadership CALIFORNIA RESOURCES, June 14, 2021 Industries, Inc. will continue to provide a
skills and experience in climate change and lasting and positive environmental impact.”
implementation of new technologies will Chief Industries and “We see Nebraska’s forward-thinking
help the company deliver on our goals while support of carbon dioxide sequestration as
maintaining ESG leadership.” Catahoula Resources a springboard for differentiating Nebraska’s
For the past decade, Mr. Gould has served ethanol industry and we are excited to
as Senior Vice President Corporate Strategy announce agreement to expand upon this vision by aligning with
and Chief Innovation and Sustainability Chief--a strong, deeply rooted, family-owned
Officer of a Fortune 100 energy company. advance carbon capture company. The use of proven carbon capture
In this role he built and led the company’s infrastructure targeting nearby, low-cost
overall climate/ESG programs, including and sequestration in storage is a compelling plan for investment
the development of climate mitigation and in the local economies of Nebraska,” said Jeff
adaptation transition plans. “CRC’s Board Nebraska Rawls, CEO of Catahoula Resources.
believes a strong ESG focus is critical to the CHIEF INDUSTRIES AND CATAHOULA
Company’s mission and will drive value Chief Industries and Catahoula Resources RESOURCES, June 11, 2021
creation,” said Mr. Gould. “I am excited have entered into an agreement to jointly

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