We probably have the same clone. Mine is in flower now. If you search OB using the name plus my username you will find suggestions I have given.
Eulophia is related to Cymbidium. Their roots are identical: large, white, spongy and extensive. Spikes and leaves are attached to pseudobulbs similarly. This gives a clue to their care. Eulophia petersii is a terrestrial plant growing in habitat between rocks in soil, not in leaf litter.
C&S people don't grow it well because they keep it in tiny pots and don't water enough. Many complain it hardly grows and never flowers. It is succulent to survive a long, warm and dry winter. But it wants a big pot, a wet summer and lots of fertilizer. If given these it fills a pot rapidly and flowers reliably. It should be constantly pushing 2 growths per pseudobulb all summer. I get 3-4 generations of pseudobulbs per summer but it's often hot here from March to November.
You probably bought it in a 3.25" / 8.25cm square pot in pumice. You should move it to at least a 1 gallon pot or larger. Very much larger is better; the bigger the root system the faster the plant grows. They do very well in low, wide dish type containers. I use a 50:50 mix of local decomposed granite soil and perlite. I keep mine moist to soggy wet all summer. I water it every day when temperatures are over about 100 F / 38C. Like other orchids don't let it dry out during its growing season, or it will stop growing. I fertilize with ammonium sulfate 1 Tablespoon / 15ml granules per gallon / 3.78 liters of water once a week. My local soil plus tap water has all necessary nutrients other than nitrogen. If I were using pure pumice or other inorganic medium I would use the same quantity of 20-20-20 with micronutrients. Tap water is fine for grassland terrestrials; don't waste pure water on them. Without heavy fertilizing they don't bloom.
Give it as much light as possible. It probably takes full sun in coastal California but you will need to move it slowly. I think most Californians use 40%-60% shade cloth for it. That's too shady. The tight succulent look comes from high light, not water starvation.
In winter keep it dry and give as much light as possible.
Here it is in spike. I'm on my phone so I can't rotate it properly. The dish is about 16" / 40cm diameter. It's making 4 new growths. My old plant froze a few years back so I'm restarting. It completely filled this dish.