A year of M&A
Late last year saw a flurry of mergers, acquisitions and divestments, as AWE and Lattice Energy were both acquired, and Santos became a major takeover target.
Looking globally, Oil Search expanded beyond its historical Papua New Guinean tropical playing fields into the Arctic north, acquiring a range of Alaskan assets.
This movement will continue.
“Anyone with a proven or plausible gas project supplying into the tight east coast markets will also become attractive, putting Senex, Cooper, and Central Petroleum on the radar,” Mr Kavonic said.
https://www.brisbanetimes.com.au/bu...-and-gas-trends-for-2018-20180125-p4yyw8.html
TO this year?
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