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Freeport-McMoRan Returns to U.S. Energy Roots in $9B Deal

Freeport-McMoRan Returns to U.S. Energy Roots in $9B Deal

Freeport-McMoRan Copper & Gold on Wednesday returned to its U.S. energy roots with a $9 billion cash-and-stock offer to buy Plains Exploration & Production Co. (PXP), a leading unconventional producer, and McMoRan Exploration Co.

December 6, 2012

QEP Resources Targeting Crude Oil, NGLs in 2012

QEP Resources Inc. said Thursday it would devote most of its capital expenditures (capex) for the 2012 fiscal year to crude oil and liquids-rich natural gas plays, and would look to boost annual production.

February 27, 2012