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Vol. 10, No. 19 Week of May 08, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


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

Ray Tyson

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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