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S.C.V. History
June 23
1946, 11:20pm: William S. Hart, 81, dies at L.A.'s California Lutheran Hospital, leaving his Newhall estate and his (now West) Hollywood home to the public [story]
Hart dies


LOCAL BUSINESS
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...

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...

SEC Authorizes Buyout of Placerita Oilfield Owner; Shareholders to Vote
Sunday, Nov 24, 2013

Five months after it was expected to be finalized, the proposed buyout of Berry Petroleum Co., owner of the Placerita oil field off of Sierra Highway in Newhall (and larger oil and gas properties in Kern County, Colorado, Utah and West Texas), can go forward, if shareholders approve the deal next month. The...

Linn Sweetens Pot for Placerita Oilfield Shareholders
Tuesday, Nov 5, 2013

Linn Energy LLC is offering approximately $600 million more to buy Berry Petroleum Co., under a merger deal announced Monday by both companies. Linn, based in Houston, is one of the nation’s top-15 oil and natural gas producers. Berry owns the Placerita oilfield (off of Sierra Highway in Newhall)...

Berry Boosts Oil Production by 12% as Merger Awaits
Wednesday, Sep 4, 2013

Berry Petroleum Co., owner of the Placerita oil field off of Sierra Highway – and significantly larger fields in Kern County, West Texas, Utah and Colorado – posted adjusted second-quarter profits of $41 million (73 cents per diluted share), dead-even with the year-ago figure and up markedly from...

Litigators Latch On to Berry Petroleum Sale
Friday, Feb 22, 2013

In the aftermath of Thursday’s announcement that Berry Petroleum Co.’s board of directors has agreed to sell the company to to Linn Energy in an all-stock transaction valued at nearly 20 percent over Berry’s then-current trading price, several law firms said Friday they’re “investigating”...

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Newest Additions to SCVNews.com
A special meeting of the William S. Hart Union High School District’s Governing Board will be held Wednesday, June 25, beginning at 8:30 a.m.
June 25: Hart District Governing Board Special Meeting
The Los Angeles County Board of Supervisors will hear input on a number of topics during a public hearing on Tuesday, June 24, beginning at 9:30 a.m. in Board Hearing Room 381B, Kenneth Hahn Hall of Administration, 500 W. Temple St., Los Angeles, CA 90012.
June 24: L.A. County Supervisors’ Public Hearing
1946, 11:20pm: William S. Hart, 81, dies at L.A.'s California Lutheran Hospital, leaving his Newhall estate and his (now West) Hollywood home to the public [story]
Hart dies
1972 - Vasquez Rocks added to National Register of Historic Places [list]
Vasquez Rocks
The Agua Dulce Women's Club Community Blood Drive will be held Wednesday, June 25, 10 a.m.- 4 p.m. at 33201 Agua Dulce Canyon Road, Agua Dulce, CA 91390.
June 25: Agua Dulce Women’s Club Community Blood Drive
The regular meeting of the Saugus Union School District Governing Board of Trustees will be held Tuesday, June 24 beginning at 6:40 p.m. The board will first meet in closed session at 5:30 p.m.
June 24: Saugus Union School District Board Regular Meeting
1941 - Ernie Hickson buys out Trem Carr's interest in their Monogram movie ranch, renames it "Placeritos" (later called Melody) [story]
Ernie Hickson
The Santa Clarita Community College District Board of Trustees will hold a meeting Wednesday, June 25, beginning with a closed session at 2:30 p.m. The open session begins at 5 p.m.
June 25: COC Board to Conduct Self-Evaluation Retreat
The Santa Clarita Valley Food Pantry, the longest-running and largest food assistance organization in the SCV, has been selected by Albertsons Companies to receive a $30,000 makeover grant.
SCV Food Pantry to Receive $30K ‘Makeover’ from Albertsons
The Samuel Dixon Family Health Center invites the community to the Third Annual Cornhole Tournament on Saturday, June 21 at 11 a.m. at Lucky Luke Brewing Company.
June 21: Sam Dixon Cornhole Tournament at Lucky Luke Brewing
Calling all Los Angeles County artists and performers. If you're part of a dance, music, vocal, musical theater or circus group, you are encouraged to apply to be part of the 66th Annual L.A. County Holiday Celebration.
Performers Sought for Annual L.A. County Holiday Celebration
The Castaic Union School District Governing Board will hold its regular meeting Thursday, June 26 at 6 p.m. The board will first meet in closed session at 5 p.m.
June 26: CUSD Board of Trustees Regular Meeting
Amateur Ham Radio National Field Day will be held Saturday, June 28, at Acton Park, noon to 9 p.m.
June 28: Amateur Ham Radio National Field Day at Acton Park
For one weekend only, Matchbox Theatre Co. is bringing its inaugural production of Johnna Adams’ "World Builders" to The MAIN.
June 27-29: Matchbox Theatre to Present ‘World Builders’ at The MAIN
Vasquez Rocks Natural Area will host its "Pride Outside," event 4-7 p.m. Sunday, June 29.
June 29: Pride Outside at Vasquez Rocks
Caltrans has announced overnight lane reductions are scheduled on northbound and southbound Interstate 5 (I-5) south of Templin Highway starting Monday, June 23 for pavement rehabilitation.
June 23-27: Castaic Area I-5 Lane Closures
2002 - "Legacy: Santa Clarita's Living History" series debuts on SCVTV with "Placerita Gold" episode [watch]
Legacy
The Pioneer Oil Refinery off of Pine Street in Newhall was built in 1877 by California Star Oil works, forming the foundation for the West Coast oil industry. Benzene and kerosene were the main products made in the refinery and were later sold locally in Ventura and Santa Barbara.
Pioneer Oil Refinery Park Opens to the Public in Newhall
Old Town Newhall will host a "Sip into Summer" Bar Crawl, 8 p.m. Saturday, June 21 on Main Street.
June 21: Sip into Summer Bar Crawl On Main Street
I wanted to share a quick legislative update from Sacramento. We recently reached the deadline to send bills from the Senate to the Assembly in order to continue moving them through the legislative process this session.
Suzette Martinez Valladares | Report from the State Senate
The city of Santa Clarita is seeking Youth Basketball Coaches for the 2025 summer season.
Santa Clarita Volunteer Youth Basketball Coaches Needed
Love the outdoors? Passionate about community programs? The city of Santa Clarita is hiring part-time Recreation Leaders to help bring events, camps and nature programs to life at William S. Hart Park.
Santa Clarita Hiring for Positions at Hart Park
Harley-Davidson Santa Clarita will host a performance suspension workshop, 11 a.m.-3 p.m. Saturday, June 28 with a Q and A with experts from OHLINS Factory.
June 28: Harley-Davidson Santa Clarita Suspension Workshop
SCVNews.com