Low Crude Prices to Boost Oil & Gas Deals

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Bloomberg 25 April 2016

Low oil prices will spur more mergers and acquisitions in the oil and gas industry this year with some companies forced to sell to avoid bankruptcy, according to consultants A.T. Kearney.

Bankruptcy filings among companies with publicly registered debt in the energy sector are starting to rise, according to Bloomberg Intelligence, and energy-focused oil and gas private equity firms have about $38 billion to fund deals.

Bloomberg article here

 

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