Powered by

Occidental unit board designee to leave Plains GP following secondary offerings

Sep 25, 2019 - SNL Energy Finance Daily

Oxy Holding's offering and sale of Plains All American common units and Plains GP class A shares removed its qualifying interest and right for a board designation at Plains GP.

Occidental Petroleum Corp. subsidiary Oxy Holding Company (Pipeline) Inc.'s board designee, Oscar Brown, will no longer be a board member of Plains GP Holdings LP, effective on the closing of the Occidental unit's secondary offerings.

Oxy Holding has a right to designate a director to Plains GP for as long as ...