Item 8.01 Other Events

On December 19, 2022 the California Public Utilities Commission published its decision denying the application of CorEnergy's Chief Operating Officer, John D. Grier, for authority to sell and transfer and for CorEnergy to acquire control of Crimson California Pipeline, L.P. ("Crimson") and San Pablo Bay Pipeline Company, LLC ("San Pablo").

Mr. Grier and the company are evaluating the options for ultimately obtaining this approval. Unless and until approval for the transfer of control is obtained, Crimson and San Pablo will continue to operate under the control of Mr. Grier as they have since the company's February 2021 investment, as described in the company's 2021 Annual Report on Form 10-K.

© Edgar Online, source Glimpses