In This Review:

- I Introduction

- II Legal And Regulatory Framework

- III Licensing

- IV Production Restrictions

- V Assignments Of Interests

- VI Tax

- VII Environmental Impact And Decommissioning

- VIII Foreign Investment Considerations

- IX Current Developments

- Excerpt from Introduction:

California has a well-deserved reputation for stringent environmental regulation and for policy initiatives encouraging development of renewable energy resources. It is therefore worth reminding residents and non-residents alike that the Golden State is also one of the world’s great oil provinces.

Originally published by Law Business Research in December, 2013.

Please see full Review below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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