Government & Regulatory | Deals - Property For Sale | Deals - Acquisition, Mergers, Divestitures
Oxy in Talks with Wyoming for Potential Land Deal
Email
Print 
Bookmark
Occidental Petroleum is currently in talks to sell a chunk of acreage in Wyoming back to the state, according to a report by The Financial Times.
Several bills that would make the sale possible are currently making their way through the Wyoming legislature.
While minimal information about the talks was disclosed, the asset in question amounts to approximately 1.0 million surface acres and 4.0 million subsurface mineral rights acres. According to a recent Oxy presentation, its Wyoming acreage covers the Powder River and DJ basins.
The Financial Times estimates the sale could fetch anywhere from $1.0-3.0 billion.
Recent Deals/Transactions
| Date Annouced | Category | Headline | Buyer(s) | Seller(s) | Value ($mm) |
|---|---|---|---|---|---|
| 02/12/2024 | E&P | Diamondback To Acquire Endeavor Energy In $26 Billion Transaction |
|
|
|
| 02/07/2024 | E&P | California Resources To Acquire Aera Energy For $2.1 Billion |
|
|
|
| 01/15/2024 | E&P | Talos Acquires QuarterNorth Energy For $1.2 Billion |
|
|
|
| 01/11/2024 | E&P | Chesapeake To Acquire Southwestern Energy |
|
|
|
| 01/11/2024 | E&P | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road |
|
|
|
| 01/04/2024 | E&P | APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal |
|
|
|
| 12/15/2023 | E&P | TG Natural Resources To Acquire backed-Rockcliff Energy II For $2.7 Billion |
|
|
|
| 12/15/2023 | E&P | Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map |
|
|
|
| 12/11/2023 | E&P | Oxy Acquires Midland Basin Juggernaut For $12 Billion |
|
|
|
| 11/21/2023 | E&P | Northern Oil Acquires Additional Permian Working Interest; Enters Utica |
|
|
|
| Total |
|