Replies to post #18587 on The Rising Influence of Rising Affluence

[biotech_researcher]

Oakes- "u r probably correct but seems kind of foolish to focus on where their oil is coming from versus how much money can be made from wherever they can obtain oil"

But, that is the point of the OXY buyout. It has EVERYTHING to do with the location. OXY will maximize their future returns by expanding their acreage where they already have significant assets at, in the Delaware Basin.