Occidental Sells Midcon For $1.4 Billion, Announces California Spinoff

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
1.4BB
Description

Purchased more than 1.4 million net acres of its Hugoton Field assets in the Midcontinent; Average net production in 2013 was 110 MMcf/d, 30% oil.

Occidental Sells Midcon For $1.4 Billion, Announces California Spinoff