Why Occidental Petroleum Is Spending $12 Billion To Buy CrownRock
With a $12 billion price tag, Occidental Petroleum Corp.'s (OXY) deal to buy Midland, Texas-based oil and gas producer CrownRock L.P, is essentially a move to expand the company's reach in the Permian Basin and other petroleum-rich regions. Occidental said the purchase would complement and enhance…
#oxy #midland #crownrocklp #permianbasin #occidental #crownquest #limerockpartners #vickihollub #crownrock #exxonmobilcorp