A well drilling rig works in the eastern plains of Colorado to reach the Niobrara Shale formation. Photo: Jon Mullen / iStockphoto.com. Wachtell, S&C Push Through $9.7 Billion Energy Deal as Sector Eyes Recovery
The acquisition of Concho Resources by ConocoPhillips is the largest shale industry deal since the market cratered in Q2.
October 19, 2020 at 01:01 PM
4 minute read
Big Energy isn't dead. It was simply socially distancing itself from big M&A work for a couple of quarters. Seems it also has pandemic fatigue but is starting to work its way back out.
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