Cravath, Swaine & Moore LLP Logo
  • Practices
  • People
  • Careers
  • News & Insights
  • Practices
  • People
  • Careers
  • News & Insights
  • Our Story
  • The Cravath System
  • Diversity & Inclusion
  • Pro Bono
  • Alumni Journal
  • 200.Cravath

Cravath’s London Office Moves to 100 Cheapside

Read More

News & Insights

$10 Billion Bridge Facility for Occidental Petroleum Corporation’s Proposed Acquisition of CrownRock, L.P.

December 13, 2023

On December 10, 2023, Occidental Petroleum Corporation entered into a definitive agreement pursuant to which Occidental Petroleum Corporation will acquire CrownRock, L.P. Cravath represented Occidental Petroleum Corporation, as borrower, in connection with a $10 billion bridge facility to support the proposed acquisition. Occidental Petroleum Corporation is an international oil and gas exploration and production company.

The Cravath team was led by partners Craig F. Arcella, Stephen M. Kessing and Doug Dolan and associate D. Ana Choi. Jennie Young Carr also worked on the transaction.

Related Practices & Industries

  • Corporate
  • Banking and Credit

People

Photo
Name
Craig F. Arcella
Title
Corporate
Title
Partner
Email
carcella@cravath.com
Phone
+1-212-474-1024
vCard
Download vCard

    Education

    • J.D., 1998, Columbia Law School
      Harlan Fiske Stone Scholar
    • B.A., 1995, Duke University

    Admitted In

    • New York
    Photo
    Name
    Stephen M. Kessing
    Title
    Corporate
    Title
    Partner
    Email
    skessing@cravath.com
    Phone
    +1-212-474-1152
    vCard
    Download vCard

      Education

      • J.D., 2005, Duke Law School
        Order of the Coif, magna cum laude
      • M.B.A., 2001, University of Southern California
      • B.S., 1995, Miami University of Ohio

      Admitted In

      • New York
      Photo
      Name
      Douglas Dolan
      Title
      Corporate
      Title
      Partner
      Email
      ddolan@cravath.com
      Phone
      +1-212-474-1310
      vCard
      Download vCard

        Education

        • J.D., 2014, New York University School of Law
          magna cum laude
        • B.A., 2011, Cornell University

        Admitted In

        • New York
        Name
        D. Ana Choi
        Title
        Corporate
        Title
        Of Counsel
        Email
        achoi@cravath.com
        Phone
        +1-212-474-1192
        vCard
        Download vCard

          Education

          • J.D., 2016, Harvard Law School
            magna cum laude
          • A.B., 2013, Harvard College
            magna cum laude

          Admitted In

          • New York

          Related News & Insights

          Deals & Cases

          August 12, 2024

          Occidental Petroleum Corporation’s $5 Billion Registered Senior Notes Offering

          Cravath represented Occidental Petroleum Corporation in connection with its $5 billion registered senior notes offering. The proceeds of the offering were used to finance its acquisition of CrownRock. Occidental Petroleum Corporation, an international energy company, is one of the largest oil and gas producers in the United States. The transaction closed on July 26, 2024.

          Cravath Bicentennial

          Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

          Explore

          Cravath, Swaine & Moore LLP Logo
          • CONTACT US
          • OUR STORY
          • ALUMNI PORTAL
          • DISCLAIMERS & NOTICES

          Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.