The decision leaves Occidental as a victor in a race that once again demonstrated the attractiveness of the American shale. The decision also means Chevron will collect a $1 billion…
Cramer Hating on Buffet? Calls the Berkshire, Occidental’s Deal ill-advised
Occidental revealed this week that Berkshire has committed to invest $10 billion in the company to help fund its proposed acquisition of Anadarko. Berkshire would make the investment by purchasing…
OXY Sees so much synergies in Anadarko Petroleum – Wants some of that synergie
OXY has joined the race to acquire Anadarko Petroleum APC. Occidental’s offer is far more lucrative than the proposal made by Chevron Corporation CVX earlier this month. This offer is…
Anadarko Operational Actions after settlement
As we previously shared on this website, shortly after the accident, in an abundance of caution, we shut-in more than 3,000 operated vertical wells in the DJ Basin. The wells…
Anadarko expects to invest $950 million in the ‘DJ Basin’ northeast Colorado
In the DJ Basin of northeast Colorado, where the company has more than 2 billion BOE of net resources within its development area, Anadarko expects to invest approximately $950 million on upstream activities…