Mercer Capital is pleased to introduce the Energy Valuation Insights Blog, a weekly update on issues important to the Energy Industry curated by our Oil & Gas professionals.
This week’s post is “M&A Activity in the Bakken.” Excerpting from the discussion:
In order to survive, when producing is no longer economically feasible, production companies are selling “non-core” assets to generate the cash. M&A activity of Bakken assets has slowed in 2016, but most Bakken assets are selling for heavy discounts making them attractive to buyers. This posts discusses some of these transactions in light of the current environment.