im hearing chatter That EXXON and Chevron are looking at Penn West. Also hearing that Total is looking to make a ten billion dollar deal. Last rumour from two sources is that Exxon Mobil is looking at a Halliburton take over at 45 range. The last one puzzles me because Hal does over 50 % of its revenue outside the USA. I also wonder how HAL would fare doing business with competing oil companies to Exxon Mobil .The norm seems to be though on alot of joint ventures and partnerships in the future as the world is runnnig out of "easy oil" . The partnerships makes it easier to raise capital for the megaprojects coming up .HAL was on fire yesterday and KR Energy Partners calls it the ONLY name to own in oil or oilfield services. Wonder if they know something because HAL was going stupid in price and volume all last week. PWT had its second best volume day in a month . Killer volume for two or three days would mean a secret has probably been leaked. Nice to be a a long term holder in this space right now.