EXPLORERS USA 2005: Mergers and acquisitions activity surges
E&P independents ride M&A market on strong commodity prices, desire to build production on shrinking U.S oil and gas reserves
Petroleum News Houston Correspondent
Merger and acquisition activity in the United States, supported by exceptionally strong commodity prices, increased dramatically over the past year and a half, particularly among exploration and production independents looking to both expand and secure their acreage positions in an ever-tightening U....
[additional news subjects in this story]
Chesapeake: $2 billion plus
XTO Energy: $3 billion plus
Forest: $1 billion plus
Kerr-McGee: $3.4 billion merger deal
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