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Moody's Affirms Ratings, Outlook on Occidental Petroleum (OXY) Following Recent Asset Purchases

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Occidental Petroleum (OXY) Makes $2B of Permian Basin and EOR Asset Acquisitions

October 31, 2016 4:09 PM EDT

Occidental Petroleum Corporation (NYSE: OXY) announced it has acquired producing and non-producing leasehold acreage in the Permian Basin from private sellers. Separately, the company acquired interests in several Permian Basin enhanced oil recovery (EOR) and CO2 properties,... More