Last updateThu, 27 Oct 2016 2pm


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Oil, Gas Sector Ripe For Picking as Mergers Surge

Mergers and acquisitions in the energy sector have reached a fever pitch this year, as booming interest in shale gas exploration, attractive valuations and the growing need for energy infrastructure lures buyers — and the frenzy is not likely to end anytime soon. Market conditions have become attractive for mergers and acquisitions, said Charles Perry, chief executive officer of energy-consulting firm Perry Management.

Source: Market Watch

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