Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the fourth largest U.S. oil and gas company, based on equity market capitalization.
20/01/11Occidental Petroleum takes 40% interest in massive Shah Gas Field in Abu Dhabi
22/10/09Occidental Petroleum production and sales growth increases in third quarter
Recent Sector News
Junior Canadian oil producer Edge Resources (LON:EDG) (CVE:EDE) advanced more than 11 percent after unveiling a significant debt refinancing which will boost its growth plans.
Caza Oil & Gas (LON:CAZA) (CVE:CAZ) told investors that the latest well on the West Coppperline property, in the Bone Springs play, has flowed at a rate of 1,598 barrels oil equivalent per day. It is another emphatic success for the company in the Bone Springs play.
Madalena Energy (CVE:MVN) is poised to see some upside in its stock price, with the company recently completing a transformational deal that gives the junior oil and gas producer critical mass size in Argentina and improved chances for divestment.
TAG Oil (TSE:TAO) (OTCQX:TAOIF), an oil and gas producer focused in New Zealand, has posted record fiscal year-end revenues and production, with the company preparing for an exciting year ahead on the back of a $60 million capital program.
Tethys Petroleum (LON:TPL) (TSE:TPL) is to place the latest four wells from its shallow gas program in Kazakhstan on permanent production after good flows on testing. "These latest results keep us on track to achieve a near three-fold increase in gas production by the beginning of 2015."
Madalena Energy (CVE:MVN) (OTC:MDLNF) has now sealed a deal to acquire Gran Tierra's (TSE:GTE) Argentinean business, a positive outcome for the junior oil and gas producer, according to Mackie Research's Bill Newman, who cited a tripling of the company's production.
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