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Oil And Gas M&A: Most of the high-quality US drilling prospects are in the Permian "so it is unsurprising the prolific basin was yet again the primary driver for M&A within oil and gas," said Andrew Dittmar, Enverus Intelligence Research s principal analyst. ....
Whenever cyclical volatility hits the energy markets, consolidation often becomes the order of the day as oil majors go on the prowl. The latest M&A spree may ensnare BP. ....