Occidental Announces Commencement of Exchange Offer and Consent Solicitation for CrownRock Notes

(1) For each $1,000 principal amount of CrownRock Notes validly tendered and accepted for exchange. On the Early Settlement Date (as defined herein), the Consent Payment will be paid to each eligible holder of CrownRock Notes that validly tendered and did not validly withdraw CrownRock Notes at or prior to the Early Participation Date (as defined herein). (2) For each$1,000 principal amount of CrownRock Notes validly tendered and accepted for exchange. (3) For each $1,000 principal amount of CrownRock Note ...