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Occidental Petroleum was founded in Los Angeles, CA in 1920. [5] In 1957, Armand Hammer became the company's president and CEO after acquiring a controlling stake. [ 6 ] The 1960s marked a period of expansion as Occidental established operations in Peru , Venezuela , Bolivia , Trinidad , and the United Kingdom .
Vicki Hollub was born in 1960 [1] [3] [7] in Birmingham, Alabama [8] and graduated in 1977 from McAdory High School. [9] She attended the University of Alabama, and in 1981 earned [9] a bachelor's degree (BS) in mineral engineering [4] with a concentration in fuels and mineral resources. [9]
Feb. 15—The Occidental Petroleum Corp.'s fourth quarter was highlighted by the acquisition of the Midland-based CrownRock Inc. for $12 billion and the $1.1-billion purchase of the Carbon ...
Occidental Petroleum produced $977 million, or $1 per share, of adjusted net income during the third quarter. Occidental Petroleum's Wheeling and Dealing Is Helping Fuel Strong Results Skip to ...
CNOOC Petroleum North America ULC, formerly known as Nexen, is a Canadian oil and gas company based in Calgary, Alberta.. Originally the Canadian subsidiary of US-based Occidental Petroleum (known as Canadian Occidental Petroleum or CanOxy), it became an independent company, Nexen, in 2000.
Employment. Unemployment United States portal ... Number of wells drilled for oil and gas through 2009. ... Permian: Texas/New Mexico 1920 4.2 2
In 1991, the company doubled its reserves by acquiring assets from Amoco, including a position in the Permian Basin of West Texas, for $515 million and 2 million shares of the company. [9] [10] In 1992, the company moved its headquarters to Houston, Texas and signed a lease for 220,000 square feet of office space. [11]
EOG received properties in West Texas and the New Mexico, specifically in the Permian Basin, in exchange for properties in Texas and Oklahoma. [9] The company was added to the S&P 500 index in October 2000. [10] The company acquired properties in Canada from Husky Energy for $320 million in 2003. [11] [12]