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Freeport sells more O&G

  1. 81 Posts.
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    Freeport's web site shows that they just announced the sale of their onshore California oil properties for $592 million, plus a contingency of $50 million per year over the next three, but only if the price of oil is above $70. They mention their remaining O&G properties of offshore California, offshore Gulf of Mexico, onshore Louisiana, and onshore Wyoming. Not one word about Morocco or PVD.

    Please just write us a large check and end the drama already.
 
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