Occidental Petroleum Corp. (OXY) has agreed to sell its North Dakota shale oil acreage and assets to Lime Rock Resources for about $500 million, Reuters reported Thursday, citing sources familiar with the matter.

The deal includes more than 300,000 acres, Reuters reported.

Full story at http://www.reuters.com/article/2015/10/15/us-limerock-occidental-bakken-idUSKCN0S92QR20151015

Write to nymonitoring@dowjones.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

October 15, 2015 20:16 ET (00:16 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
Occidental Petroleum (NYSE:OXY)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Occidental Petroleum Charts.
Occidental Petroleum (NYSE:OXY)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Occidental Petroleum Charts.