Additionally, Uita contributed only 2.5% of CRC's oil production and roughly 8% of its total natural gas production in the second quarter, so the sale should not fundamentally alter the company's broader production profile. California Resources Corporation (NYSE:CRC) announced on September 17 that it had agreed to sell its Uinta Basin assets, located mostly in Utah and Colorado, to an undisclosed buyer for $90 million in cash. The company had come to own the Uinta assets, which span about 100,000 net acres, ...