Sector News

Most promising shale acquisition candidates of 2015

May 5, 2015
News
Despite the oil price crash mid-year 2014, it was a record year in transaction value involving shale assets in North America. Nearly 65 billion USD were involved in shale E&P transactions in North America during 2014.
 
After the oil price crash of 2009, transactions also ramped up and stayed at similar levels for three consecutive years, as shown in Figure 1. If history serves us right and this trend repeats, 2015 will be a year with high shale E&P transaction value. However, up to April 2015, only 200 million USD have been included in such transactions with 94% of the deals involving assets in Eagle Ford, Marcellus and Permian shale plays.
 
> Read the full article on the Oil Voice website
 
Source: Rystand Energy via Oil Voice

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