After a week of reconnaissance, analysts have details on independent oil and gas companies’ operating and acquisition plans in the Bakken, Permian Basin, Niobrara and elsewhere.
Wells Fargo Securities analysts visited a number of mid-cap E&P companies in late September. Their work provided hints of deals that could materialize in the future, and an overall conclusion that few big deals are in the offing.
But previous wheeling and dealing has freed up operators to focus on particular shale plays.
Here’s a snapshot of some operators’ plans for acquisitions and operation, ...