US energy M&A slows in Q3, but October's mega deals to spark

US energy M&A slows in Q3, but October's mega deals to spark activity

There were 25 U.S. oil exploration and production deals worth $14 billion in the last quarter, Enverus said on Tuesday. However, the historic Exxon and Chevron deals, worth hundreds of billions of dollars combined, are likely to ignite further consolidation among smaller energy companies seeking to secure remaining drilling opportunities, the report highlighted.

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