LA-based Occidental Petroleum has offered to buy DT Tulsa-based Vintage Petroleum - pending shareholder and regulatory approval.
http://www.mercurynews.com/mld/mercurynews/business/financial_markets/12896446.htm
Another local corporate presence bites the dust. I hope Occidental at least keeps the DT Tulsa office open. Or maybe they could even move some jobs here where everything is less expensive.
On the bright side of the Vintage deal - this may be our ticket to direct flights to Los Angeles. [8D]
Could Williams be the next to go in this age of energy company consolidation?