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Gulf of Mexico Revival

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Hasan Haq
September 7, 2012

Despite waning oil prices and lateral movement of Henry Hub, onshore transactions continue to inundate the market. The supply of unconventional resource opportunities with huge undeveloped upside and the potential for strong returns are factors driving heightened activity in the Lower 48. A key producing basin that has quietly remained at the mere fringe of this trend is the Gulf of Mexico.

  In a post-Macondo era, Gulf of Mexico transactions have been understandably sparse. Uncertainty over environ mental regulations and renewed appreciation for complex, expensive drilling programs have turned buyers ...

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