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Occidental acquires Nations Petroleum's Lost Hills holdings in California

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Report summary

In January 2011 Occidental completed the acquisition of Nations Petroleum's Lost Hills field leasehold in the San Joaquin Basin California for an undisclosed consideration. In addition to the producing Lost Hills asset the acquired acreage is prospective for the embryonic Monterey Shale. This is by no means a large transaction; we estimate that the purchase price is likely to have been in the US$500 million to US$1 billion range. However it represents the first sizable deal in ...

What's included

This report contains

  • Document

    Occidental acquires Nations Petroleum's Lost Hills holdings in California

    PDF 618.64 KB

Table of contents

  • Executive summary
  • Upstream assets
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 2 images and tables including:

Images

  • Lost Hills map

Tables

  • Oil & gas pricing and assumptions: Table 1

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