GREY:ANGZF - Post by User
Comment by
uwinsomeon Aug 08, 2013 2:02pm
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RE:Alot of Oil Company Assets are for Sale
RE:Alot of Oil Company Assets are for SaleAgreed about there being a lot of oil assets for sale. However, the Conoco deal has no impact on NGL lands. The assets were for sale for a long time and are completely oil sands related. It was a perfect fit for Exxon, who is already invested in the area.
I don't believe that NGL will be entirely sold. What they are looking for is a partner to help develop some of there light oil/liquids assets. In my opinion, it's an very obtainable goal.