Tag Archives: Concho Resources
By Mitch Borden Chevron, one of the largest oil companies in the world, recently bought Anadarko Petroleum for about $50 Billion. The acquisition expands Chevron’s holdings in the Permian Basin by about 240,000 acres. This deal perked up the ears of … Continue reading
An oil and natural gas company in West Texas’ Permian Basin is set to become the largest drilling operation in the region after a deal worth $9.5 billion dollars.