10.04.2024 14:49:36 - dpa-AFX: Occidental Petroleum Expects To Resume Gulf Of Mexico Production In Coming Days

LOS ANGELES (dpa-AFX) - Occidental Petroleum Corp. (OXY) revealed in a Form
8-K filing with the U.S. Securities and Exchange Commission on Wednesday that
that company delivered another quarter of strong operational performance which
enabled the company to overcome an ongoing third party outage in the eastern
Gulf of Mexico.

The total company production is expected to remain within the guidance range for
the first quarter of 2024.

On November 16, 2023, Occidental had temporarily halted certain operations in
the eastern Gulf of Mexico. However, Occidental is awaiting instructions from
the system operator to restart production following successful pipeline testing.
It is pending final regulatory approvals.

The production start-up in the eastern Gulf of Mexico is expected to commence in
the coming days.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
OCCIDENTAL PET. DL-,20 851921 Frankfurt 59,760 08.05.24 15:28:05 -0,550 -0,91% 0,000 0,000 59,360 59,760

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