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Occidental to sell some Permian basin acreage for $508 mln

June 10 (Reuters) - Occidental Petroleum Corp said on Thursday it has agreed to sell some of its acreage in Texas’ Permian basin to an affiliate of private equity-backed Colgate Energy Partners III LLC for $508 million. (Reporting by Arathy S Nair in Bengaluru; Editing by Shounak Dasgupta)

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