California Resources signs carbon deal with Middle River Power; shares down

Shares of oil and gas company California Resources CRC.N down ~2% at $45.97 in early market trading

Co and its carbon management unit, Carbon TeraVault signs a Memorandum of Understanding (MOU) with power producer and asset management company Middle River Power

Cos to provide carbon transportation and sequestration services for Middle River's power facilities in California

CRC stock pressured by more than a 2% fall in crude prices O/R

Including session's moves, CRC down 11.5% YTD