Thread regarding Occidental Petroleum Corp. layoffs

Reeves and Pecos Counties Asset Sale

Public records show Oxy sold about 40,000 net acres to PE backed Forged Energy II in Reeves and Pecos Counties. I believe this is the same acreage they bought for $40,000 per acre from J. Cleo et al in 2016

Wonder how much they sold per acre ...

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| 2851 views | | 4 replies (last January 5, 2021) | Reply
Post ID: @OP+18GVMCso

4 replies (most recent on top)

Stupid stupid VH

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Post ID: @5mzz+18GVMCso

When emotions meet menopause, all bets are off

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Post ID: @3dxb+18GVMCso

The real madness is you continuing to hold onto OXY stock. Too cheap to pay the transaction fee?

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Post ID: @3sht+18GVMCso

Shareholders and investors continue to get bumfucked by these brainless CEOs, s—ing wealth and livelihood out of once successful companies. Shale is a SCAM. Why do we continue to put up with this madness??

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Post ID: @3hsh+18GVMCso

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