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December 30
1964 - United Air Lines Convair 340 forced down in Saugus when both engines fail; 47 aboard, none injured [story]
emergency landing


LOCAL BUSINESS
Placerita Oil Field Owner Going Public Again
Monday, Jul 16, 2018

Berry Petroleum Corp., owner of the Placerita oil field west of Sierra Highway between Placerita Canyon Road and Golden Valley Road in Santa Clarita – and many other oil properties in the San Joaquin Valley – announced Monday that it has launched an initial public offering of its common stock...

Placerita Oil Field Operator Restructuring Debt
Monday, Feb 5, 2018

Berry Petroleum Company LLC, operator of the Placerita Oil Field in Newhall and other, larger oil properties, announced the pricing Monday of its previously announced private offering of senior unsecured notes due 2026, which upsized to $400 million in aggregate principal amount. The notes will bear...

Placerita Oilfield Owner Out of Bankruptcy; No Longer Under LINN
Wednesday, Mar 1, 2017

Bakersfield, Calif. –  Berry Petroleum Company LLC successfully emerged from bankruptcy Wednesday following confirmation of its Chapter 11 plan of reorganization by the Honorable Judge David R. Jones of the U.S. Bankruptcy Court for the District of Texas in January.  Financially restructured,...

Placerita Oilfield Owner Files for Chapter 11 Protection; Berry Creditors Vow Fight
Friday, May 13, 2016

As expected, Houston-based LINN Energy LLC, along with affiliate LinnCo and their subsidiary Berry Petroleum Co., filed for Chapter 11 bankruptcy protection this week. One of the 20 largest U.S. oil and gas producers, the companies carry $9.3 billion in debt. While oil prices have rebounded somewhat...

Troubled LINN Files Financials; Needs Waivers to Avoid BK
Tuesday, Mar 15, 2016

LINN Energy, the Houston-based company that owns the Placerita Oil Field in Newhall through its subsidiary Berry Petroleum Co., filed quarterly and full-year financial statements with the Securities and Exchange Commission Tuesday. As previously announced, LINN cannot meet its debt obligations due to...

Projected Value of Placerita Oilfield Owner’s Shares: Zero
Sunday, Feb 14, 2016

LINN Energy LLC, the nose-diving owner of the company that operates the Placerita Oil Field, took another hit Friday when another analyst downgraded its shares to “sell” and said bankruptcy is right around the corner. “We believe the company will likely file for Chapter 11 after the next round...

Millions in Store for Oil Company Execs If They Stay
Monday, Feb 8, 2016

CEO Mark E. Ellis will receive up to $6.9 million this year in cash bonuses, and other executives will receive millions if they stay through the coming restructuring of their oil company. Floundering over the last two years as world oil prices have plummeted, late last week LINN Energy, the Houston-based...

Oil Price Decline Could Spell BK for Placerita Field Owner
Saturday, Feb 6, 2016

LINN Energy LLC and its affiliate LinnCo, parent owners of the Placerita Canyon oil field, announced late last week they’ve “initiated a process to explore strategic alternatives” and have zeroed out their $3.6 billion credit facility, withdrawing the last $919 million for “general corporate...

Placerita Oil Field Has New Owners
Tuesday, Dec 17, 2013

Placerita operations off of Sierra Highway. (SCVTV) Berry Petroleum Co. shareholders voted Monday to accept a buyout offer with an estimated value of $4.9 billion from Houston-based LINN Energy and LinnCo, which becomes the 12th largest U.S. oil and gas company with the merger. LINN and LinnCo shareholders...

Independent Expert Group Advises Berry Shareholders to Vote for Merger
Wednesday, Dec 4, 2013

Berry Petroleum Co., owner of the Placerita oil field and other oil properties in Kern County, West Texas, Utah and Colorado, announced Wednesday that the leading independent proxy voting advisory firm Institutional Shareholder Services has recommended that Berry stockholders vote for the proposed merger...

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Newest Additions to SCVNews.com
1964 - United Air Lines Convair 340 forced down in Saugus when both engines fail; 47 aboard, none injured [story]
emergency landing
1907 - Mark T. Gates Sr., founder of Eternal Valley Cemetery, born in Nebraska [story]
Mark Gates Sr.
2011 - John Ford's 1924 "The Iron Horse," filmed in SCV, added to Library of Congress' National Film Registry [story]
title card
Join the Santa Clarita Valley Chamber of Commerce for a Grand Opening ribbon cutting at Hammer & Nails, on Thursday, Jan. 16 at 4 p.m.
Jan. 16: Grand Opening Ribbon Cutting Hammer & Nails
The Feeding Futures Gala will be held Saturday, Feb. 8, 6 p.m., at the Newhall Family Theatre. Join the Santa Clarita Valley Food Pantry for this special inaugural event to kick off the capital campaign for the new pantry.
Feb. 8: Feeding Futures Gala to Benefit SCV Food Pantry
The 12th annual SCV Rotary Charity Chili Cook-Off will be held Friday, Feb. 7, 5-9 p.m. Chili cookers will be preparing their spicy specialties on the patio of the SCV Senior Center.
Feb. 7: SCV  Rotary Charity Chili Cook-Off
In the final shopping days before Christmas, the California Highway Patrol conducted a successful enforcement operation targeting organized retail crime, promoting safe shopping experiences for communities throughout California.
CHP’s ‘Operation Holiday Watch’ Nabs Retail Theft Criminals
The Los Angeles County District Attorney’s Office has announced an opportunity to join its Advisory Boards. Advisory Boards will play a critical role in helping ensure that the District Attorney’s Office remains informed and responsive to issues of concern to various communities and interest groups in Los Angeles County. The application process is open to all interested residents.
Join a L.A. County District Attorney’s Office Advisory Board
As 2025 approaches, the California Highway Patrol is taking action to promote safe travel and prevent tragic crashes on California’s roadways.
CHP’s Mission for a New Year: Drive Safely Into 2025
The South Coast Air Quality Management District continues the residential No Burn Day Alerts for the weekend, with the latest alert issued for Saturday, Dec. 28 for all those living in the South Coast Air Basin, which includes the Santa Clarita Valley.
Dec. 28: AQMD No Burn Days Continue in SCV
Step back in time to an era of glamour and grace at Bridge to Home’s 2025 Soup for the Soul Gala, "Roaring Into a New Era." Experience an unforgettable evening celebrating the dazzling 1920s.
Soup for The Soul 2025 Seeks Sponsors, Volunteers
Visit the Valencia Public Library, Sunday, Jan. 12, 2025 3-4 p.m. for a concert with Paul Stein, the esteemed violinist formerly of the Los Angeles Philharmonic Symphony.
Jan. 12: Valencia Public Library Presents ‘New Year Harmony’
As we head into the new year, the California Highway Patrol is highlighting the new public safety laws that were passed during this year’s legislative session and signed by Governor Gavin Newsom.
California Highway Patrol Highlights New Laws for 2025
The Hart District Variety Showcase, a fundraiser for the Wm. S. Hart Education Foundation, will be held Friday, Feb. 28, 6 p.m. at Saugus High School.
Feb. 28: WiSH Education Foundation Seeks Sponsors for Talent Showcase
As we reflect on this year, I am filled with gratitude and pride for the progress we've made together in Los Angeles County. Your dedication to our neighborhoods inspires me daily.
Kathryn Barger | Keeping Up With Kathryn
Mission Opera, Joshua R. Wentz, artistic director, is the winner of The American Prize in Opera Performance, 2024 in the professional division for its production of "Susannah." The ensemble was selected from applications reviewed from throughout the United States.
Mission Opera wins The American Prize in Opera Performance, 2024
State Superintendent of Public Instruction Tony Thurmond is sponsoring Senate Bill 48, legislation that aims to keep U.S. Immigration and Customs Enforcement (ICE) agents off California campuses by establishing a one-mile radius safe zone around schools, as well as protect against the use of school data for deportation efforts.
Senate Bill 48 to Keep ICE Agents Off School Campuses
The nonprofit Friends of the Library is looking for dedicated volunteers who are interested in helping the Friends of the Library Program to work together and benefit the Santa Clarita Public Library branches.
Friends of the Library Nonprofit Seeks Volunteers
The convenience store owner had said that six out of 10 people who entered his business came to steal. Sacramento County officials said that larger corporate businesses might be able to survive under those circumstances, but not smaller operations. Small businesses form the country’s economic foundation, and they needed state law to change.
Crime, Social Media Dominant Themes for New Laws Coming to California
1936 - Passenger plane crash in Rice Canyon kills all 12 aboard [story]
victim recovery
The South Coast Air Quality Management District has issued a residential No Burn Day Alert on Friday, Dec. 27 for all those living in the South Coast Air Basin, which includes the Santa Clarita Valley.
Dec. 27: No Burn Day Declared for Santa Clarita Valley
The Saugus High School Instrumental Music Program is hosting its third annual Clothes for Cash fundraising event 9 a.m.- Noon Saturdays, Jan. 11, 18 and 25 at Saugus High School.
Saugus High Marching Centurions Cloths for Cash
Did you receive great new electronic gifts for the holidays? Awesome! Now where can you safely dispose of the old stuff? Where to take phones, TVs, computers, portable devices and more?
Jan. 11-12: WiSH Education Foundation Hosts Free E-WASTE Event
Santa Clarita is a special place. It is the city where I chose to make my home, raise my family and now serve the community as a city councilmember.
Patsy Ayala | Connecting With the Community
SCVNews.com