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re: Occidental in Talks to Buy Permian Driller CrownRock

Posted on 11/30/23 at 5:05 pm to
Posted by LCrox
Alabama
Member since Sep 2019
139 posts
Posted on 11/30/23 at 5:05 pm to
Wonder if Vicki H at Oxy secured another high interest loan from Warren Buffet for this acquisition - see her acquisition of Anadarko
Posted by billjamin
Houston
Member since Jun 2019
12639 posts
Posted on 11/30/23 at 5:18 pm to
quote:

high interest loan

CoC on this transaction will be back breaking if they’re using debt. Idk anything about it but if they are every investor needs to dump that shite and run. The service expense will be brutal.
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