PwC US: Eagle Ford, Marcellus most active shale plays for 2Q M&A

08/19/2013
Transactions involving unconventional oil and gas assets remained a key driver for deal activity in the second quarter, and midstream shale assets values beat upstream shale deal total for a second consecutive quarter, PwC reported in an analysis of industry's merger and acquisition activity. In a report released Aug. 6, PwC said transactions greater than $50 million included 15 shale deals worth $7.5 billion, or 44% of total second-quarter deal value. Upstream shale deals represented nine transactions and accounted for $3.1 billion, while six midstream shale deals contributed $4.4 billion. Buyers are focused on enhancing infrastructure capacity so demand remains strong for gathering asse...
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