Occidental Petroleum CEO Vicki Hollub says her company can squeeze the best results out of Anadarko Petroleum's wells in the top U.S. shale basin.
Occidental Petroleum CEO Vicki Hollub says her company can squeeze the best results out of Anadarko Petroleum's wells in the top U.S. shale basin, making Occidental a better acquirer than Chevron.
Hollub says 75 percent of Anadarko's value lies in its assets in the Permian Basin, the shale oil region underlying western Texas and eastern New Mexico. The Permian is the epicenter of a boom in U.S. oil production.
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