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Occidental to Buy Oil Driller CrownRock in $12 Billion Deal

Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock deal valued at about $10.2 billion as consolidation heats up in North America’s most-prolific oil basin. ....

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Occidental's $10.8 Billion Takeover Is a High-Stakes Debt Wager

The $10 billion of debt lined up for Occidental Petroleum Corp.’s takeover of Texas shale driller CrownRock LP is sizing up to be one of the largest bridge financing deals of the year and a crucial test for the energy giant. ....

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