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Permian Basin M&A Frenzy: Occidental's $12 Billion Acquisition of CrownRock

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Source: Bloomberg
Permian Basin M&A Frenzy: Occidental's $12 Billion Acquisition of CrownRock
Photo: Bloomberg
TL;DR

Occidental Petroleum's acquisition of CrownRock LP for $10.8 billion highlights the increasing competition among producers in the Permian Basin for the remaining drilling sites, signaling that the shale basin is running out of targets.

Topics:businessenergy#crownrock-lp#drilling-sites#energy#occidental-petroleum#permian-basin#shale-basin
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  1. Occidental's Deal for CrownRock Shows Permian Basin Is Running Out of Targets  Bloomberg
  2. Dunn Deal: Texas Oilman Eyes $2 Billion Payday In Sale To Occidental  Forbes
  3. Tim Dunn sells West Texas oil company to Occidental Petroleum  The Texas Tribune
  4. M&A deals in Permian basin exceeds $100 billion in 2023 - WoodMac  Reuters
  5. Occidental to pay $12 billion to buy private Permian Basin company CrownRock  MarketWatch

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