Occidental Petroleum Agrees to $1.33 Billion Sale of Rockies Assets

Transaction Type
Basin
Rockies
Announce Date
Post Date
Estimated Price
1.3BB
Description

To buy WY, CO and UT land grant assets covering approximately 4.5 million mineral acres and 1 million fee surface acres; doesn't include cash flow from currently producing oil and gas properties on the position and mineral acres derived from the land grant in CO. (Expected to close 4Q 2020)