Energy players ready for mergers

Original article by Paul Garvey
The Australian – Page: 31 : 26-May-16

A global survey by international law firm Ashurst has found that 83 per cent of oil and gas company executives anticipate a 50 per cent rise in mergers and acquisitions activity in the sector during 2016. M&A activity is also expected to rise strongly over the next 3-5 years. Meanwhile, some 87 per cent of respondents indicated that their latest strategic plan has either reduced their capital investment budget or left it unchanged.

CORPORATES
ASHURST LLP, OIL SEARCH LIMITED – ASX OSH, INTEROIL CORPORATION, AWE LIMITED – ASX AWE, LONE STAR FUNDS

Leave a comment