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Freeport-McMoRan sell-off continues

Onshore California oil and gas fields sold for US$592 million

Alex Hamer
Port-ho: rigs like this one are rapidly leaving FCX's port

Port-ho: rigs like this one are rapidly leaving FCX's port

Sentinel Peak Resources California will pay $592 million for Freeport’s onshore oil and gas properties in that state.  The transaction could extend by $50 million a year if Brent crude oil averages $70...

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