Lower 48 M&A activity continues to churn as several companies aim to strengthen balance sheets and free up capital as they prepare for a return to drilling. As larger operators seek a return to growth, where are the best opportunities to pick up unloved assets? Stories this week include:
Chesapeake rumoured to be selling Barnett position for up to $1.4 billion
Newfield announces double divestment of Texas assets for nearly $390 million
Rimrock Resource pays $150 million for fringe acreage in the SCOOP
SM Energy sells two non-core assets totalling $173 million
Shell announces Fort Sumter discovery in GoM
BLM to conduct environmental review for Greater Mooses Tooth-2 on Alaska's North Slope
EnLink and NGP to build critically important midstream assets in the Delaware Basin
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Insight | Aug 2016
US Upstream week in brief: 03 August 2016
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