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NATURAL RESOURCES AGENCY OF CALIFORNIA
DEPARTMENT OF CONSERVATION
DIVISION OF OIL, GAS, AND GEOTHERMAL RESROUCESINTERIM WELL STIMULATION TREATMENT NOTICE
1Name of Operator Occidental of Elk Hills,
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Directional status refers to the reporting of investment activities and positions in relation to specific financial instruments and markets, particularly for regulatory compliance.
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Entities that are engaged in trading or investment activities that meet regulatory thresholds may be required to file directional status, including institutional investors and certain private funds.
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The purpose of directional status is to provide regulators with insights into the trading activities of firms and to monitor market risks and the positions of major investors.
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Information that must be reported includes the types of positions held, the financial instruments involved, market exposure, and any related risk assessments.
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