Despite swirling rumors that Chesapeake Energy is on the hunt for major M&A, CEO Nick Dell'Osso said the natural gas producer isn’t in a hurry to make a deal.
A merger between Chesapeake Energy Corp. and Southwestern Energy Co. would create the nation’s largest natural gas E&P, analysts say. But a multibillion-dollar combination could also draw scrutiny from regulators.
SilverBow Resources could look for additional scale in the Eagle Ford through M&A after buying Chesapeake Energy’s South Texas assets its eighth deal in the play, analysts say.
Chesapeake unit fined $3 2 million for West Virginia fracking damage petroglobalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from petroglobalnews.com Daily Mail and Mail on Sunday newspapers.
E&Ps continue to look at the Permian Basin for undeveloped acreage, but deal activity in the Eagle Ford Shale surged in the first quarter as buyers searched for producing assets.