Brought to you by IBM
- Insurance 2020: Innovating beyond old models
- Insurance 2020: Now what?
- Customer advocates: Your most valuable asset
- IBM and Cisco front office solutions for retail banking
- Opening act - Streamlining a bank's account-opening process can have a dramatic effect on customer experience and the bottom line
- The Agile CFO; Enabling the innovation path to growth
- The Evolution of Asset Mangement
- The Global CFO Study 2008
- Thinking Through Uncertainty: CFOs scrutinize Non-Financial Risk
Most Popular White Papers
M and A News
Oil and Gas Investor This Week, December, 2008
Tags: New York Stock Exchange, XTO Energy
face=+Bold; Occidental Petroleum Corp.face=-Bold; , Los Angeles, (NYSE: OXY) and face=+Bold; XTO Energy Inc.face=-Bold; , Houston, (NYSE: XTO) plan to acquire working interests in Texas, New Mexico and Colorado from face=+Bold; Plains Exploration & Production Co.face=-Bold; , Houston, (NYSE: PXP) in separate deals for a total of $1.75 billion.
Oxy will pay $1.55 billion to acquire 50% of Plains' working interests in the Permian Basin in West Texas and New Mexico. Plains will retain a 50% working interest and Oxy will be operator. Total production is approximately 18,000 barrels of ...
Read the rest of this article with a Free Trial at HighBeam Research.
