Occidental Announces Continued Progress on Divestment Program with the Sale of Non-Strategic Permian Basin Acreage
06/11/2021 08:39
Occidental announced on June 10 that it has entered into a definitive agreement to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC, for $508 million, subject to closing adjustments to reflect an April 1, 2021 effective date.
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