Development in the Greater Rockies is shifting towards the heart of the Niobrara Shale in the Denver-Julesburg Basin. Hear from representatives of Stratas Advisors and Halliburton as they discuss drilling and completions methods and other technology trends being used in the Niobrara.
The parties must now renegotiate a deal that would transfer Breitburn's Permian reserves to investors including Elliott and WL Ross through their participation in a $775 million rights offering.
"None" of Icahn's nominees "possess skills, experience or expertise that are additive or superior to our existing directors," wrote Occidental CEO Vicki Hollub and Chairman Eugene Batchelder.
Midstream entity will become the third-largest gas gathering hub in U.S. after spin-off.