Pace of E&P Acquisitions, Upstream Investment Expected to Pick Up -- Herold Study
January 9, 2006
With so much money on the table and no other logical outcome, the pace of mergers and acquisitions among oil and natural gas companies will pick up again this year, and capital investment in the upstream sector will grow by at least 25%, according to a new report by energy research firm John S. Herold Inc.
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