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
Madalena Energy Inc. (CVE:MVN) (OTCMKTS:MDLNF), an independent upstream oil and gas company focused on Argentina and Western Canada, reported oil and gas revenue more than doubled in the second quarter. Oil and gas revenue rose to $9.1 million in the three months ended June 30 from $3.9 million in the year-earlier period, the Calgary, Alberta-based company said in a statement today.
Leucrotta Exploration (CVE:LXE) is a "high growth Montney machine", according to Jennings Capital's Mark Heim, who initiated coverage on the junior oil and natural gas company with a buy rating and C$3.25 12-month price target in a report today.
WesternZagros Resources (CVE:WZR) is now on plan to deliver production from its two oil fields in Iraq, recently securing financing and declaring commerciality on the second of its two blocks, allowing the company to move forward with its development plans.
With the completion of its Australian farm-out today Falcon Oil & Gas (CVE:FO) (LON:FOG) is vindicated for playing hardball over negotiations, says broker GMP Securities. For starters, Falcon gets an immediate A$20mln cash boost.
WesternZagros Resources (CVE:WZR) and its partner Talisman Energy (TSE:TLM) have declared commerical discovery at their Kurdamir oil and gas block in Iraq with the local government.
TAG Oil (TSE:TAO) (OTCQX: TAOIF) has increased revenues in its latest quarter by 11 percent as average daily production climbed 18 percent and cash flow more than quadrupled from the first three months of the calendar year.
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