<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
CANADIAN OCCIDENTAL PETROLEUM LTD.
-----------------------------------------------------------
(Name of Issuer)
Common Shares, par value $1.00 per share
-----------------------------------------------------------
(Title of Class of Securities)
136 420 106
-----------------------------------------------------------
(CUSIP Number)
Donald P. de Brier, Esq.
Occidental Petroleum Corporation
10889 Wilshire Boulevard
Los Angeles, California 90024
(310) 208-8800
-----------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
July 27, 1999
-----------------------------------------------------------
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-l(e), 13d-1(f) or 13d-1(g), check the following box
[ ]
<PAGE>
CUSIP No. 136 420 106 13D Page 2 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Occidental Petroleum Corporation
95-4035997
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 40,223,620 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 40,223,620 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,223,620 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.2%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 3 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Occidental Petroleum Investment Co.
95-2584267
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 40,219,620 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 40,219,620 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,219,620 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.2%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 4 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Occidental Oil and Gas Corporation
95-2864974
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 4,000 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 4,000 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,000 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 5 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
OXY USA Inc.
73-1166880
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 4,000 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 4,000 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,000 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 6 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Occidental Chemical Holding Corporation
95-2865897
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 40,215,620 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 40,215,620 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,215,620 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.2%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 7 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Oxy Chemical Corporation
95-2813195
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 40,215,620 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 40,215,620 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,215,620 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.2%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 8 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Oxy CH Corporation
95-3992422
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 40,215,620 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 40,215,620 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,215,620 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.2%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 9 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Occidental Chemical Corporation
16-0484732
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 40,215,620 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 40,215,620 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,215,620 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
29.2%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 10 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Occidental Chemical Investment (Canada) 1, Inc.
95-4628624
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 35,764,388 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 35,764,388 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,764,388 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.0%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
CUSIP No. 136 420 106 13D Page 11 of 30 Pages
- ----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Occidental Chemical Investment (Canada) 2, Inc.
95-4628625
- ----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (b) [ ]
- ----------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
00
- ----------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
- ----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------------------------------------------------------------
: 7 SOLE VOTING POWER
: 0
NUMBER OF :----------------------------------------------------------
SHARES : 8 SHARED VOTING POWER
BENEFICIALLY : 4,459,232 shares
OWNED BY :----------------------------------------------------------
EACH : 9 SOLE DISPOSITIVE POWER
REPORTING : 0
PERSON WITH :----------------------------------------------------------
: 10 SHARED DISPOSITIVE POWER
: 4,459,232 shares
- ----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,459,232 shares
- ----------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
(SEE INSTRUCTIONS)
- ----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.2%
- ----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
- ----------------------------------------------------------------------------
<PAGE>
EXPLANATORY NOTE:
This Amendment No. 2 to Schedule 13D ("Amendment No. 2") restates and
amends the Statement on Schedule 13D (the "Schedule 13D") originally filed on
February 28, 1992 by Occidental Petroleum Corporation ("Occidental"), Occidental
Petroleum Investment Co., Occidental Chemical Holding Corporation, Oxy Chemical
Corporation, Oxy CH Corporation, Occidental Chemical Corporation, Occidental Oil
and Gas Corporation and OXY USA Inc.(successor to OXY Oil and Gas USA Inc.), as
amended and supplemented by Amendment No. 1 to Schedule 13D filed on March 10,
1992 with respect to the common shares ("CanadianOxy Shares") of Canadian
Occidental Petroleum Ltd. ("CanadianOxy") owned by them.
In this Amendment No. 2, all of the amounts of CanadianOxy Shares have been
adjusted for stock splits which occurred subsequent to July 1971 through the
most recent split in May 1996.
This Amendment No. 2 is being filed to report (i) the transfer to and the
acquisition of beneficial ownership by and among subsidiaries of Occidental
pursuant to the most recent internal reorganization described in Item 3 below
and (ii) Occidental's current position with respect to its investment in
CanadianOxy Shares as described in Item 4 below.
ITEM 1. SECURITY AND ISSUER
Title of Class of Securities:
----------------------------
Common Shares, par value $1.00 per share (the "CanadianOxy Shares").
Name of Issuer:
--------------
Canadian Occidental Petroleum Ltd.
Address of Issuer's Principal Executive Offices:
-----------------------------------------------
1500, 635-8th Avenue, S.W.
Calgary, Alberta, Canada, T2P 3Zl
ITEM 2. IDENTITY AND BACKGROUND
OCCIDENTAL PETROLEUM CORPORATION ("OCCIDENTAL")
(i) Address of principal office and principal business:
10889 Wilshire Boulevard
Los Angeles, California 90024
(ii) Principal business: engaged, through its subsidiaries and
affiliates, in the production, development and marketing of
natural resources and chemicals
Page 12 of 30
<PAGE>
OCCIDENTAL PETROLEUM INVESTMENT CO. ("OPIC")
(i) Address of principal office and principal business:
10889 Wilshire Boulevard, Suite 1500
Los Angeles, California 90024
(ii) Principal business: holding company
OCCIDENTAL OIL AND GAS CORPORATION ("OOGC")
(i) Address of principal office and principal business
10889 Wilshire Boulevard
Los Angeles, California 90024
(ii) Principal business: holding company for oil and gas entities
OXY USA INC. ("OXY USA")
(i) Address of principal office and principal business
110 West 7th Street
P.O. Box 300
Tulsa, Oklahoma 74012
(ii) Principal business: domestic oil and gas exploration and
production
OCCIDENTAL CHEMICAL HOLDING CORPORATION ("OCHC")
(i) Address of principal office and principal business:
10889 Wilshire Boulevard
Los Angeles, California 90024
(ii) Principal business: production, marketing and research of
industrial and specialty chemicals, plastics, agricultural
chemicals, chemical fertilizers, feed products.
OXY CHEMICAL CORPORATION ("OXY CC")
(i) Address of principal office and principal business:
10889 Wilshire Boulevard
Los Angeles, California 90024
(ii) Principal business: holding company
Page 13 of 30
<PAGE>
OXY CH CORPORATION ("OXY CH")
(i) Address of principal office and principal business
10889 Wilshire Boulevard
Los Angeles, California 90024
(ii) Principal business: holding company
OCCIDENTAL CHEMICAL CORPORATION ("OCC")
(i) Address of principal office and principal business:
5005 LBJ Freeway
Dallas, Texas 75244
(ii) Principal business: produces wide variety of industrial chemicals
and plastics; also sells chemical process technology
OCCIDENTAL CHEMICAL INVESTMENT (CANADA) 1, INC. ("OCIC1")
(i) Address of principal office and principal business:
10889 Wilshire Boulevard
Los Angeles, California 90024
(ii) Principal business: holding company
OCCIDENTAL CHEMICAL INVESTMENT (CANADA) 2, INC.("OCIC2")
(i) Address of principal office and principal business:
10889 Wilshire Boulevard
Los Angeles, California 90024
(ii) Principal business: holding company
The name, business address and current principal occupation or
employment of each of the executive officers and directors of
Occidental, OPIC, OCHC, Oxy CC, Oxy CH, OCC, OOGC, OXY USA, OCIC1 and
OCIC2 (collectively, "Companies") are set forth below. Unless
otherwise indicated, the business address of each such person is 10889
Wilshire Boulevard, Los Angeles, California 90024. All such persons
listed below are citizens of the United States except Mr. Syriani, who
is a citizen of Lebanon; Dr. Segovia, who is a citizen of Colombia;
and Mr. Feick, who is a citizen of Canada. Unless otherwise indicated,
each occupation set forth opposite an individual's name refers to
employment with Occidental. Directors of Occidental are identified by
an asterisk (*).
Page 14 of 30
<PAGE>
Present Principal Occupation
Name and Business Address or Employment
- ------------------------- ----------------------------
Ray R. Irani* Chairman of the Board and Chief Executive
Officer
Dale R. Laurance* President; Director and Chairman of the
Board, President and Chief Executive
Officer of OOGC
John W. Alden(1)(4)(8)(9) Assistant Treasurer and Assistant
Secretary; Vice President and Secretary of
OPIC; Assistant Secretary of OXY USA
Ronald W. Burkle* Managing Partner and majority owner of The
10000 Santa Monica Boulevard Yucaipa Companies
Los Angeles, California 90067
John S. Chalsty* Chairman of the Board, Donaldson, Lufkin &
277 Park Avenue Jenrette, Inc.
New York, New York 10172
Edward P. Djerejian* Director, James A. Baker III Institute for
Rice University, MS-40 Public Policy
6100 Main Street
Houston, Texas 77005-1892
John E. Feick* President, Matrix Solutions, Inc.
230, 319-2nd Avenue, SW
Calgary, Alberta, Canada T2P OC5
J. Roger Hirl*(4)(6)(7) Executive Vice President; President and
5005 LBJ Freeway Chief Executive Officer of OCHC; President
Dallas, Texas 75244 and Chief Executive Officer of Oxy CC;
President and Chief Executive Officer of
Oxy CH; President and Chief Executive
Officer of OCC
John W. Kluge* Chairman and President, Metromedia Company
215 East 67th Street
New York, New York 10021
Irwin W. Maloney* Retired Chairman and CEO, Dataproducts
Corporation
Rudolfo Segovia* Visiting Professor of Management at Lehigh
Cra. 9A No. 99-02 OF. 1003 University
Apdo. Aereo 14451
Santafe de Bogota, Colombia
Aziz D. Syriani* President and Chief Operating Officer of
505 Park Avenue - 11th Floor The Olayan Group
New York, New York 10022
Page 15 of 30
<PAGE>
Present Principal Occupation
Name and Business Address or Employment
- ------------------------- ----------------------------
Rosemary Tomich* Owner of the Hope Cattle Company and the
A.S. Tomich Construction Company; Chairman
of the Board of Directors and Chief
Executive Officer, Livestock Clearing,
Inc.
Stephen I. Chazen Executive Vice President - Corporate
Development and Chief Financial Officer
Donald P. de Brier Executive Vice President, Secretary and
General Counsel
Richard W. Hallock Executive Vice President - Human Resources
John W. Morgan Executive Vice President - Operations;
Vice President of OPIC; Vice President of
Occidental Chemical Investment (Canada) 1,
Inc.; Vice President of Occidental
Chemical Investment (Canada) 2, Inc.
W. Howard Collins Vice President - Public Relations
S. P. Dominick, Jr. Vice President and Controller; Vice
President and Controller of OPIC
J. R. Havert Vice President and Treasurer; Assistant
Treasurer of OPIC; Vice President and
Treasurer of OOGC; Vice President and
Treasurer of OXY USA; Assistant Treasurer
and Vice President of OCHC; Vice President
and Treasurer of Oxy CC; Vice President
and Treasurer of Oxy CH; Vice President
and Treasurer of OCC; Assistant Treasurer
of Occidental Chemical Investment (Canada)
1, Inc.; Assistant Treasurer of Occidental
Chemical Investment (Canada) 2, Inc.
Kenneth J. Huffman Vice President - Investor Relations
Anthony R. Leach(1)(4)(8)(9) Vice President - Finance; President of
OPIC; Executive Vice President of OCHC;
Vice President of OCC; President of
Occidental Chemical Investment (Canada) 1,
Inc.; President of Occidental Chemical
Investment (Canada) 2, Inc.
Robert M. McGee Vice President
Page 16 of 30
<PAGE>
Present Principal Occupation
Name and Business Address or Employment
- ------------------------- ----------------------------
Richard A. Swan Vice President - Health, Environment and
Safety
Aurmond A. Watkins, Jr. Vice President - Tax; Vice President of
OCHC; Vice President and Assistant
Secretary of OCC
Robert E. Irelan(2) Executive Vice President - Worldwide
Production of OOGC
S. A. (Pete) Smith Executive Vice President of OOGC
Robert W. Brewer(3) President of OXY USA
110 West 7th Street
P.O. Box 300
Tulsa, Oklahoma 74102
Charles A. Purser(3) Secretary of OXY USA
110 West 7th Street
P.O. Box 300
Tulsa, Oklahoma 74102
Richard A. Lorraine(7) Executive Vice President and Chief
5005 LBJ Freeway Financial Officer of OCHC; Chief Financial
Dallas, Texas 75244 Officer and Executive Vice President of
Oxy CC; Director and Chief Financial
Officer and Executive Vice President of
Oxy CH; Executive Vice President and Chief
Financial Officer of OCC
Keith C. McDole(6)(7) Secretary, General Counsel and Senior Vice
5005 LBJ Freeway President of OCHC; Secretary, Senior Vice
Dallas, Texas 75244 President and General Counsel of Oxy CC;
Secretary, Senior Vice President and
General Counsel of Oxy CH; Secretary and
General Counsel and Senior Vice President
of OCC
Charles F. Hazzard Executive Vice President - Administration
5005 LBJ Freeway of OCC
Dallas, Texas 75244
John L. Hurst III Executive Vice President of OCC
5005 LBJ Freeway
Dallas, Texas 75244
Charles L. Mears Executive Vice President - Basic Chemicals
5005 LBJ Freeway of OCC
Dallas, Texas 75244
Page 17 of 30
<PAGE>
Present Principal Occupation
Name and Business Address or Employment
- ------------------------- ----------------------------
R. J. Schuh Executive Vice President - Performance
5005 LBJ Freeway Products of OCC
Dallas, Texas 75244
Frank M. Spinola Executive Vice President - Industrial
5005 LBJ Freeway Specialties of OCC
Dallas, Texas 75244
Leslie J. Story Executive Vice President - Technology
5005 LBJ Freeway and Commercialization of OCC
Dallas, Texas 75244
- ----------
(1) Director of OPIC
(2) Director of OOGC
(3) Director of OXY USA
(4) Director of OCHC
(5) Director of Oxy CC
(6) Director of Oxy CH
(7) Director of OCC
(8) Director of OCIC1
(9) Director of OCIC2
During the last five years none of the Companies or the natural
persons named above (a) has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) (b) was a party
to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with respect
to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Prior to July 1971, Occidental Overseas Capital Corporation, a
Delaware corporation ("OOCC"), which was then a wholly owned
subsidiary of the predecessor corporation to Occidental (for
simplicity, such predecessor corporation is referred to as
"Occidental"), owned 56% of the outstanding capital stock of Jefferson
Lake Petrochemical of Canada Limited, a Canadian corporation
("Petrochem"). The remaining capital stock of Petrochem was publicly
held.
In order to simplify and consolidate Occidental's business interests
in Canada and to accomplish those savings which could be effected by
the combination of these businesses into a single entity, an
amalgamation under the Canadian Business Corporations Act of Petrochem
and certain indirect, wholly owned subsidiaries of Occidental was
effected, pursuant to which CanadianOxy was formed. Simultaneously
with such amalgamation, Occidental
Page 18 of 30
<PAGE>
transferred all of its Canadian oil and gas operations to CanadianOxy
in exchange for 13,045,464 CanadianOxy Shares (such transfer, together
with the above-referenced amalgamation, the "Reorganization"). In
connection with the Reorganization, (i) OOCC received 17,821,656
CanadianOxy Shares, (ii)Occidental Chemical Ltd. ("OCL"), as a
shareholder of one or more of the amalgamated corporations, received
32,191,272 CanadianOxy Shares, (iii) OCC, as a shareholder of one or
more of the amalgamated corporations, received 2,483,664 CanadianOxy
Shares, and Hooker Parker (Canada) Limited ("HPCL"), as a shareholder
of one or more of the amalgamated corporations, received 1,081,452
CanadianOxy Shares.
Between July 1971 and February 17, 1992, there were numerous internal
reorganizations of the Companies' ownership of the CanadianOxy Shares.
On February 18, 1992, pursuant to an internal reorganization of the
Companies' ownership of the CanadianOxy Shares, Oxy CC and OCC
together transferred all of the outstanding equity of HPCL and OCL to
a wholly owned subsidiary of CanadianOxy in exchange for 26,636,362
newly issued CanadianOxy Shares, which amount equals the aggregate
amount of CanadianOxy Shares theretofore held by HPCL and OCL.
On March 10, 1992, Oxy CC sold 24,000,000 CanadianOxy Shares to the
Underwriters (as defined in Item 4 below) in a public offering in
Canada and private transactions in the United States.
On April 11, 1997, pursuant to an internal reorganization of the
Companies' ownership of the CanadianOxy Shares, Occidental, OCC, and
Oxy USA exchanged all rights with respect to their respective
CanadianOxy Shares for shares of OCIC1 and Oxy CC exchanged all rights
with respect to its CanadianOxy Shares for shares of OCIC2.
ITEM 4. PURPOSE OF TRANSACTION
Each of OCC and Oxy CC acquired the shares of CanadianOxy owned by
HPCL and OCL pursuant to an internal reorganization of the ownership
of such shares.
Pursuant to the Underwriting Agreement, dated February 19, 1992 (the
"Underwriting agreement") among Occidental, Oxy CC, OCC, CanadianOxy,
RBC Dominion Securities and the other underwriters named therein (the
"Underwriters"), Oxy CC sold 24,000,000 CanadianOxy Shares on March
10, 1992 (the "Offering"). Oxy CC received 11.75 Canadian dollars per
CanadianOxy Share and the 24,000,000 CanadianOxy Shares were pledged
by the Underwriters, for the benefit of Oxy CC, pursuant to the terms
of an Instalment Receipt and Pledge Agreement (the Instalment Receipt
Agreement"), by and among Occidental, Oxy CC, CanadianOxy, the
Underwriters, Royal Trust Company, as Custodian (the "custodian"), and
a wholly owned subsidiary of the Custodian, as the Security Agent. The
Underwriters, pursuant to the Underwriting Agreement, sold
Page 19 of 30
<PAGE>
Instalment Receipts, each of which represented the right to receive
one CanadianOxy Share upon payment of the second (and final)
instalment of 14.00 Canadian dollars per CanadianOxy Share (the "Final
Instalment"). The Final Instalments were paid by December 31, 1992. As
a result of the Offering, the Companies owned beneficially 40,223,620
CanadianOxy Shares, or approximately 30.1% of the CanadianOxy Shares.
Pursuant to an internal reorganization of Occidental's investment in
the CanadianOxy Shares, OCIC1 acquired all rights with respect to the
CanadianOxy Shares previously held by Occidental, OCC and Oxy USA and
OCIC2 acquired all rights with respect to the CanadianOxy Shares
previously held by Oxy CC. It is expected that OCIC1 and OCIC2 will
become the record owners of such shares.
Through the Companies, Occidental currently holds its CanadianOxy
Shares with a view toward maximizing long-term shareholder value for
Occidental's shareholders.
Occidental reviews and analyzes on a continuing basis its investments
in each of its subsidiaries and other operations, including the
CanadianOxy Shares, in order to determine whether shareholder value
for Occidental's shareholders is better served by holding those
investments, disposing of or monetizing those investments or
recapitalizing or otherwise restructuring those investments. With
respect to the CanadianOxy Shares, these reviews and analyses are
based upon a variety of factors, including without limitation, the
price of, and other market conditions relating to, the CanadianOxy
Shares, the investment return on the CanadianOxy Shares, CanadianOxy's
business and prospects, other investment and business opportunities
available to Occidental, general stock market and economic conditions,
tax considerations and other factors deemed relevant.
As part of this periodic review, Occidental is currently considering
all of its options, including without limitation, whether Occidental
(and the other Companies) should:
(i) continue to hold all of its CanadianOxy Shares;
(ii) sell for cash all or a portion of its CanadianOxy Shares in
privately negotiated or underwritten transactions with one or
more purchasers, including CanadianOxy, underwriters or third
parties;
(iii) acquire all or an additional portion of the outstanding
CanadianOxy Shares;
(iv) exchange all or a portion of its CanadianOxy Shares for assets
of CanadianOxy or a third party;
(v) exchange all or a portion of its CanadianOxy Shares for stock
of a third party;
Page 20 of 30
<PAGE>
(vi) acquire either directly or from a third party assets held by
CanadianOxy for cash; or
(vii) any combination of the foregoing.
Any such transaction would be subject, among other things, to the
negotiation of satisfactory terms and conditions and all necessary
governmental filings and approvals, including, in certain
circumstances, the approval of CanadianOxy's board of directors and/or
shareholders. If Occidental (and the other Companies) were to pursue
one of the transactions described in clauses (ii) through (vii) above,
it is possible that one or more of the consequences listed in
paragraphs (a) - (j) of Item 4 of Schedule 13D could occur.
Occidental has disclosed to the board of directors of CanadianOxy
that, with respect to its investment in CanadianOxy, Occidental
currently intends to actively consider and entertain alternative
transactions for maximizing value for Occidental's shareholders.
However, there can be no assurance that any such transaction will be
pursued, or, if pursued, will be consummated.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of July 28,1999:
(i) Occidental beneficially owned 40,223,620 CanadianOxy
Shares (approximately 29.2% of the outstanding
CanadianOxy Shares); all but 4,000 of such CanadianOxy
Shares are owned of record by subsidiaries of Occidental;
(ii) OPIC beneficially owned 40,219,620 CanadianOxy Shares
(approximately 29.2% of the outstanding CanadianOxy
Shares); all of such CanadianOxy Shares are owned of
record by subsidiaries of OPIC;
(iii) OCHC and Oxy CC beneficially owned 40,215,620 CanadianOxy
Shares (approximately 29.2% of the outstanding
CanadianOxy Shares); all of such CanadianOxy Shares are
owned of record by subsidiaries of OCHC and Oxy CC;
4,459,232 CanadianOxy Shares are owned of record by Oxy
CC;
(iv) OOGC and Oxy USA beneficially owned 4,000 CanadianOxy
Shares (approximately 0.0% of the outstanding CanadianOxy
Shares); all of such CanadianOxy Shares are owned of
record by subsidiaries of OOGC and Oxy USA; 4,000
CanadianOxy Shares are owned of record by Oxy USA;
(v) Oxy CH and OCC beneficially owned 40,215,620 CanadianOxy
Shares (approximately 29.2% of the outstanding
CanadianOxy Shares); 4,459,232 of such CanadianOxy Shares
are owned of record by Oxy CC
Page 21 of 30
<PAGE>
and 35,756,388 of such CanadianOxy Shares are owned of
record by OCC;
(vi) OCIC1 beneficially owned 35,764,388 CanadianOxy Shares
(approximately 26.0% of the outstanding CanadianOxy
Shares); 4,000, 4,000, and 35,756,388 of such shares are
owned of record by Occidental, OXY USA and OCC,
respectively;
(vii) OCIC2 beneficially owned 4,459,232 CanadianOxy Shares
(approximately 3.2% of the outstanding CanadianOxy
Shares); 4,459,232 of such CanadianOxy Shares are owned
of record by Oxy CC;
(viii) Dr. Ray R. Irani beneficially owned options to acquire
100,000 CanadianOxy Shares, of which options to acquire
60,000 CanadianOxy Shares are presently exercisable;
(ix) Dr. Dale R. Laurance beneficially owned 3,000 CanadianOxy
Shares; all of such CanadianOxy Shares are owned of
record by Dr. Laurance;
(x) John E. Feick beneficially owned 3,000 CanadianOxy
Shares; all of such CanadianOxy Shares are owned of
record by Mr. Feick.
(b) Number of shares as to which Occidental has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 40,223,620
Number of shares as to which Occidental has:
(i) sole power to dispose or to direct the disposition: 0
(ii) shared power to dispose or to direct the disposition:
40,223,620
Number of shares as to which OPIC has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 40,219,620
Number of shares as to which OPIC has:
(i) sole power to dispose or to direct the disposition: 0
(ii) shared power to dispose or to direct the disposition:
40,219,620
Page 22 of 30
<PAGE>
Number of shares as to which OOGC and Oxy USA have:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 4,000
Number of shares as to which OOGC and Oxy USA have:
(i) sole power to dispose or to direct the disposition: 0
(ii) shared power to dispose or to direct the disposition:
4,000
Number of shares as to which OCHC and Oxy CC have:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 40,215,620
Number of shares as to which OCHC and Oxy CC have:
(i) sole power to dispose or to direct the disposition: 0
(ii) shared power to dispose or to direct the disposition:
40,215,620
Number of shares as to which Oxy CH and OCC have:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 40,215,620
Number of shares as to which Oxy CH and OCC have:
(i) sole power to dispose or to direct the disposition: 0
(ii) shared power to dispose or to direct the disposition:
40,215,620
Number of shares as to which OCIC1 has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 35,764,388
Page 23 of 30
<PAGE>
Number of shares as to which OCIC1 has:
(i) sole power to dispose or to direct the disposition: 0
(ii) shared power to dispose or to direct the disposition:
35,764,388
Number of shares as to which OCIC2 has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 4,459,232
Number of shares as to which OCIC2 has:
(i) sole power to dispose or to direct the disposition: 0
(ii) shared power to dispose or to direct the disposition:
4,459,232
Number of shares as to which Dr. Ray R. Irani has:
(i) sole power to vote or to direct the vote: 60,000
(ii) shared power to vote or to direct the vote: 0
Number of shares as to which Dr. Ray R. Irani has:
(i) sole power to dispose or to direct the disposition:
60,000
(ii) shared power to dispose or to direct the disposition: 0
Number of shares as to which Dr. Dale R. Laurance has:
(i) sole power to vote or to direct the vote: 3,000
(ii) shared power to vote or to direct the vote: 0
Number of shares as to which Dr. Dale R. Laurance has:
(i) sole power to dispose or to direct the disposition: 3,000
(ii) shared power to dispose or to direct the disposition: 0
Number of shares as to which John E. Feick has:
(i) sole power to vote or to direct the vote: 3,000
Page 24 of 30
<PAGE>
(ii) shared power to vote or to direct the vote: 0
Number of shares as to which John E. Feick has:
(i) sole power to dispose or to direct the disposition: 3,000
(ii) shared power to dispose or to direct the disposition:0
(c) On February 18, 1992, pursuant to an internal reorganization of
the Companies' ownership of the CanadianOxy Shares, Oxy CC and
OCC together transferred all of the outstanding equity of HPCL
and OCL to a wholly owned subsidiary of CanadianOxy in exchange
for 26,636,362 newly issued CanadianOxy Shares.
On March 10, 1992, Oxy CC sold 24,000,000 CanadianOxy Shares to
the Underwriters in a public offering in Canada and private
transactions in the United States.
On April 11, 1997, pursuant to an internal reorganization of the
Companies' ownership of the CanadianOxy Shares, Occidental, OCC
and Oxy USA exchanged all rights with respect to their respective
CanadianOxy Shares for shares of OCIC1, and Oxy CC exchanged all
rights with respect to its CanadianOxy Shares for shares of
OCIC2.
(d) Not applicable
(e) Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF
THE ISSUER.
Occidental, Oxy CC, OCC and CanadianOxy are parties to the
Underwriting Agreement with the Underwriters. Pursuant to the
Underwriting Agreement Oxy CC sold 24,000,000 CanadianOxy Shares on an
instalment receipt basis, as described in Item 4 above. Pursuant to
the Underwriting Agreement, Occidental and Oxy CC agreed to indemnify
the Underwriters against certain liabilities relating to disclosure in
the prospectus relating to the offering of Installment Receipts.
Except for the agreements pursuant to which Occidental, Oxy CC, OCC
and OXY USA transferred ownership of their CanadianOxy Shares to OCIC1
and OCIC2, there are currently no other effective contracts,
arrangements, understandings or relationships (legal or otherwise)
among the persons named in Item 2 and between such person and any
other person with respect to any securities of CanadianOxy.
Page 25 of 30
<PAGE>
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1 - Agreement Pursuant to Rule 13d-1(f)(1)(iii).*
Exhibit 2 - Underwriting Agreement, dated February 19, 1992, among
Occidental, OCC, Oxy CC, CanadianOxy and the
Underwriters.*
Exhibit 3 - Amalgamation Agreement, dated as of February 18, 1992,
among CanadianOxy, Subco (a wholly owned subsidiary of
CanadianOxy), HPCL and OCL.*
Exhibit 4 - Agreement pursuant to Rule 13d-1(f)(1)(iii).*
Exhibit 5 - Instalment Receipt and Pledge Agreement, dated March
10, 1992, by and among Occidental, Oxy CC, CanadianOxy,
the Underwriters, Royal Trust Company, as Custodian,
and a wholly owned subsidiary of the Custodian.*
Exhibit 6 - Agreement Pursuant to Rule 13d-1(k)
Exhibit 7 - Transfer Agreement, dated April 11, 1997, between OCIC1
and Occidental
Exhibit 8 - Transfer Agreement, dated April 11, 1997, between OCIC1
and OCC
Exhibit 9 - Transfer Agreement, dated April 11, 1997, between OCIC1
and OXY USA
Exhibit 10 - Transfer Agreement, dated April 11, 1997, between OCIC2
and Oxy CH
---------------
* Previously filed.
Page 26 of 30
<PAGE>
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
July 27, 1999 OCCIDENTAL PETROLEUM CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OCCIDENTAL PETROLEUM INVESTMENT CO.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Assistant Treasurer
OCCIDENTAL CHEMICAL HOLDING CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Assistant
Treasurer
OXY CHEMICAL CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OXY CH CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OCCIDENTAL CHEMICAL CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
Page 27 of 30
<PAGE>
OCCIDENTAL OIL AND GAS CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OXY USA INC.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OCCIDENTAL CHEMICAL INVESTMENT (CANADA)
1, INC.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Assistant Treasurer
OCCIDENTAL CHEMICAL INVESTMENT (CANADA)
2, INC.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Assistant Treasurer
Page 28 of 30
<PAGE>
EXHIBIT 6
AGREEMENT
Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of
1934, as amended, the undersigned agree that the Amendment No. 2 to Statement on
Schedule 13D to which this Agreement is attached as Exhibit 6 is filed on behalf
of each of us. This Agreement may be executed in two or more counterparts, each
of which shall be deemed an original, but all of which together shall constitute
one and the same agreement.
Dated:
July 27, 1999 OCCIDENTAL PETROLEUM CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OCCIDENTAL PETROLEUM INVESTMENT CO.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Assistant Treasurer
OCCIDENTAL CHEMICAL HOLDING CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Assistant
Treasurer
OXY CHEMICAL CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OXY CH CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OCCIDENTAL CHEMICAL CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
Page 29 of 30
<PAGE>
OCCIDENTAL OIL AND GAS CORPORATION
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OXY USA INC.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Vice President and Treasurer
OCCIDENTAL CHEMICAL INVESTMENT (CANADA)
1, INC.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Assistant Treasurer
OCCIDENTAL CHEMICAL INVESTMENT (CANADA)
2, INC.
By: James R. Havert
------------------------------------
Name: James R. Havert
Title: Assistant Treasurer
Page 30 of 30
<PAGE>
EXHIBIT 7
TRANSFER AGREEMENT
Agreement, dated April 11, 1997, by and between Occidental Chemical
Investment (Canada) 1, Inc., a Delaware Corporation ("OCIC1"), having its
principal place of business at 10889 Wilshire Blvd., Los Angeles, California
90024, and Occidental Petroleum Corporation, a Delaware Corporation ("OPC"),
having its principal place of business at 10889 Wilshire Blvd., Los Angeles,
California 90024.
RECITALS
A. OPC and OCIC1 desire to evidence the acquisition by OPC of one (1)
Common Share, without par value (the "OCIC1 Share"), of OCIC1 in exchange for
all of OPC's right, title and interest in 4,000 Common Shares (the "CXY Shares")
of Canadian Occidental Petroleum Ltd., a Canadian corporation ("CXY"), which
shares are represented by the stock certificates listed on Exhibit A.
NOW, THEREFORE, OCIC1 and OPC agree as follows.
1. Transfer. OPC hereby transfers and assigns to OCIC1 all right, title and
interest of OPC in and to the CXY Shares and, in consideration therefor, OCIC1
hereby issues to OPC the OCIC1 Share. OPC shall promptly take all actions
necessary to cause the transfer of the CXY Shares to OCIC1 to be recorded on the
books and records of CXY, including, but not limited to, executing stock powers,
certificates, and affidavits; obtaining bonds of indemnity and paying any stock
transfer taxes, fees or expenses.
2. Rights of Ownership. From and after the date of this Agreement, OCIC1 shall
hold and exercise all rights of ownership in and to the CXY Shares and OPC shall
cooperate with OCIC1 to enable OCIC1 to exercise such rights. Without limiting
the foregoing, in the event that, prior to the transfer of the CXY Shares to
OCIC1 being recorded on the books and records of CXY, CXY pays any dividend or
makes any distribution to its shareholders or solicits any vote of its
stockholders, OPC shall promptly remit any such dividend or distribution to
OCIC1 and shall vote the CXY Shares in the manner directed by OCIC1.
IN WITNESS WHEREOF, OPC and OCIC1 have caused this Agreement to be executed
as of the date first written above by their respective officers thereunto duly
authorized.
OCCIDENTAL CHEMICAL CORPORATION OCCIDENTAL CHEMICAL INVESTMENT
(CANADA) 1, INC.
By: Anthony R. Leach By: David C. Yen
--------------------------- --------------------------
Anthony R. Leach David C. Yen
Executive Vice President Vice President and Treasurer
lsp/cxyshr1
<PAGE>
EXHIBIT A
LIST OF CXY SHARE CERTIFICATES
CERTIFICATE NUMBER NUMBER OF SHARES DATE ISSUED
B 83525 1,000 08/11/86
B 091452 1,000 09/29/87
B104377 2,000 05/28/96
-------------------------------
TOTAL 4,000
lsp/cxyshr1
<PAGE>
EXHIBIT 8
TRANSFER AGREEMENT
Agreement, dated April 11, 1997, by and between Occidental Chemical
Investment (Canada) 1, Inc., a Delaware Corporation ("OCIC1"), having its
principal place of business at 10889 Wilshire Blvd., Los Angeles, California
90024, and Occidental Chemical Corporation, a New York Corporation ("OCC"),
having its principal place of business at Occidental Tower, 5005 LBJ Freeway,
Dallas, Texas 75244.
RECITALS
A. OCC and OCIC1 desire to evidence the acquisition by OCC of 8,939 Common
Shares, without par value (the "OCIC1 Shares"), of OCIC1 in exchange for all of
OCC's right, title and interest in 35,756,388 Common Shares (the "CXY Shares")
of Canadian Occidental Petroleum Ltd., a Canadian corporation ("CXY"), which
shares are represented by the stock certificates listed on Exhibit A.
NOW, THEREFORE, OCIC1 and OCC agree as follows.
1. Transfer. OCC hereby transfers and assigns to OCIC1 all right, title and
interest of OCC in and to the CXY Shares and, in consideration therefor, OCIC1
hereby issues to OCC the OCIC1 Shares. OCC shall promptly take all actions
necessary to cause the transfer of the CXY Shares to OCIC1 to be recorded on the
books and records of CXY, including, but not limited to, executing stock powers,
certificates, and affidavits; obtaining bonds of indemnity and paying any stock
transfer taxes, fees or expenses.
2. Rights of Ownership. From and after the date of this Agreement, OCIC1 shall
hold and exercise all rights of ownership in and to the CXY Shares and OCC shall
cooperate with OCIC1 to enable OCIC1 to exercise such rights. Without limiting
the foregoing, in the event that, prior to the transfer of the CXY Shares to
OCIC1 being recorded on the books and records of CXY, CXY pays any dividend or
makes any distribution to its shareholders or solicits any vote of its
stockholders, OCC shall promptly remit any such dividend or distribution to
OCIC1 and shall vote the CXY Shares in the manner directed by OCIC1.
IN WITNESS WHEREOF, OCC and OCIC1 have caused this Agreement to be executed
as of the date first written above by their respective officers thereunto duly
authorized.
OCCIDENTAL CHEMICAL CORPORATION OCCIDENTAL CHEMICAL INVESTMENT
(CANADA) 1, INC.
By: David C. Yen By: Anthony R. Leach
--------------------------- --------------------------
David C. Yen Anthony R. Leach
Vice President and Treasurer President
lsp/cxyshr
<PAGE>
EXHIBIT A
LIST OF CXY SHARE CERTIFICATES
CERTIFICATE NUMBER NUMBER OF SHARES DATE ISSUED
B 35046 620,916 11/15/84
B091451 620,916 09/30/87
B096389 540,726 02/18/92
B096390 584,457 02/18/92
B096391 15,511,179 02/18/92
B104376 17,878,194 05/28/96
-------------------------------
TOTAL 35,756,388
lsp/cxyshr
<PAGE>
EXHIBIT 9
TRANSFER AGREEMENT
Agreement, dated April 11, 1997, by and between Occidental Chemical
Investment (Canada) 1, Inc., a Delaware Corporation ("OCIC1"), having its
principal place of business at 10889 Wilshire Blvd., Los Angeles, California
90024, and OXY USA Inc., a Delaware Corporation ("OXY USA"), having its
principal place of business at 1200 Discovery Drive, Bakersfield, California
93309-7008.
RECITALS
A. OXY USA and OCIC1 desire to evidence the acquisition by OXY USA of one
(1) Common Share, without par value (the "OCIC1 Share"), of OCIC1 in exchange
for all of OXY USA's right, title and interest in 4,000 Common Shares (the "CXY
Shares") of Canadian Occidental Petroleum Ltd., a Canadian corporation ("CXY"),
which shares are represented by the stock certificates listed on Exhibit A.
NOW, THEREFORE, OCIC1 and OXY USA agree as follows.
1. Transfer. OXY USA hereby transfers and assigns to OCIC1 all right, title and
interest of OXY USA in and to the CXY Shares and, in consideration therefor,
OCIC1 hereby issues to OXY USA the OCIC1 Share. OXY USA shall promptly take all
actions necessary to cause the transfer of the CXY Shares to OCIC1 to be
recorded on the books and records of CXY, including, but not limited to,
executing stock powers, certificates, and affidavits; obtaining bonds of
indemnity and paying any stock transfer taxes, fees or expenses.
2. Rights of Ownership. From and after the date of this Agreement, OCIC1 shall
hold and exercise all rights of ownership in and to the CXY Shares and OXY USA
shall cooperate with OCIC1 to enable OCIC1 to exercise such rights. Without
limiting the foregoing, in the event that, prior to the transfer of the CXY
Shares to OCIC1 being recorded on the books and records of CXY, CXY pays any
dividend or makes any distribution to its shareholders or solicits any vote of
its stockholders, OXY USA shall promptly remit any such dividend or distribution
to OCIC1 and shall vote the CXY Shares in the manner directed by OCIC1.
IN WITNESS WHEREOF, OXY USA and OCIC1 have caused this Agreement to be
executed as of the date first written above by their respective officers
thereunto duly authorized.
OXY USA INC. OCCIDENTAL CHEMICAL INVESTMENT
(CANADA) 1, INC.
By: David C. Yen By: Anthony R. Leach
--------------------------- --------------------------
David C. Yen Anthony R. Leach
Vice President and Treasurer President
lsp/cxyshr2
<PAGE>
EXHIBIT A
LIST OF CXY SHARE CERTIFICATES
CERTIFICATE NUMBER NUMBER OF SHARES DATE ISSUED
B 089741 2,000 04/20/94
B104382 2,000 05/28/96
-------------------------------
TOTAL 4,000
lsp/cxyshr2
<PAGE>
EXHIBIT 10
TRANSFER AGREEMENT
Agreement, dated April 11, 1997, by and between Occidental Chemical
Investment (Canada) 2, Inc., a Delaware Corporation ("OCIC2"), having its
principal place of business at 10889 Wilshire Blvd., Los Angeles, California
90024, and Oxy Chemical Corporation, a California Corporation ("OCC"), having
its principal place of business at 10889 Wilshire Blvd., Los Angeles, California
90024.
RECITALS
A. OCC and OCIC2 desire to evidence the acquisition by OCC of 1,000
Common Shares, without par value (the "OCIC2 Shares"), of OCIC2 in exchange for
all of OCC's right, title and interest in 4,459,232 Common Shares (the "CXY
Shares") of Canadian Occidental Petroleum Ltd., a Canadian corporation ("CXY"),
which shares are represented by the stock certificates listed on Exhibit A.
NOW, THEREFORE, OCIC2 and OCC agree as follows.
1. Transfer. OCC hereby transfers and assigns to OCIC2 all right, title and
interest of OCC in and to the CXY Shares and, in consideration therefor, OCIC2
hereby issues to OCC the OCIC2 Shares. OCC shall promptly take all actions
necessary to cause the transfer of the CXY Shares to OCIC2 to be recorded on the
books and records of CXY, including, but not limited to, executing stock powers,
certificates, and affidavits; obtaining bonds of indemnity and paying any stock
transfer taxes, fees or expenses.
2. Rights of Ownership. From and after the date of this Agreement, OCIC2 shall
hold and exercise all rights of ownership in and to the CXY Shares and OCC shall
cooperate with OCIC2 to enable OCIC2 to exercise such rights. Without limiting
the foregoing, in the event that, prior to the transfer of the CXY Shares to
OCIC2 being recorded on the books and records of CXY, CXY pays any dividend or
makes any distribution to its shareholders or solicits any vote of its
stockholders, OCC shall promptly remit any such dividend or distribution to
OCIC2 and shall vote the CXY Shares in the manner directed by OCIC2.
IN WITNESS WHEREOF, OCC and OCIC2 have caused this Agreement to be
executed as of the date first written above by their respective officers
thereunto duly authorized.
OXY CHEMICAL CORPORATION OCCIDENTAL CHEMICAL INVESTMENT
(CANADA) 2, INC.
By: David C. Yen By: Anthony R. Leach
--------------------------- --------------------------
David C. Yen Anthony R. Leach
Vice President and Treasurer President
lsp/cxyshr3
<PAGE>
EXHIBIT A
LIST OF CXY SHARE CERTIFICATES
CERTIFICATE NUMBER NUMBER OF SHARES DATE ISSUED
B81717 945,314 12/29/89
B096393 1,284,302 03/06/92
B104381 2,229,616 05/28/96
-------------------------------
TOTAL 4,459,232
lsp/cxyshr3
