Ecopetrol decides not to acquire 30% stake in CrownRock assets from Occidental

OCCIDENTAL PETROLEUM CORP /DE/

Ecopetrol informed Occidental on July 31, 2024 that it will not acquire any interest in the CrownRock assets.
Occidental had previously disclosed discussions with Ecopetrol for a 30% undivided interest in the CrownRock acquisition.
The decision leaves Occidental to fully fund the CrownRock purchase without the planned partner.

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