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Annabelle Farmer September 15, 2020 Occidental Petroleum Corporation [NYSE: OXY] slipped around 0.0 points on Friday, while shares priced at $28.33 at the close of the session, down 0.00%. The company report on June 10, 2021 that Occidental Announces Continued Progress on Divestment Program with the Sale of Non-Strategic Permian Basin Acreage for $508 Million and Reaffirms 2021 Capital and Production Guidance. Occidental (NYSE: OXY) announced 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. The transaction, which is expected to close in the third quarter of 2021, includes approximately 25,000 net acres in the Southern Delaware Basin in Texas with current production of approximately 10,000 barrels of oil equivalent per day from about 360 active wells. Proceeds from the sale will be ap

DelawareUnited statesColombiaTexasSociete generaleVicki hollubColgate energy partnersOccidental announces continued progress on divestment programOccidental petroleum corporation net marginBarclaysOccidental petroleum corporationOccidental announces continued progressDivestment programNon strategic permian basin acreagePermian basinSouthern delaware basin