A sudden wave of consolidation in the Permian Basin after many months of deal-making silence is expected to continue in spurts in a trend that should expand to other regions such as the Bakken Shale and DJ Basin, energy analysts said. In a series of all-stock deals, ConocoPhillips scooped up Permian pure play Concho Resources …
The post Permian consolidation wave could continue after Pioneer-Parsley, Conoco-Concho deals first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John