RE: More mergers to come in the O&G SectorGive them a month or two after the merger is a done deal and it would make sense. There are a lot of companies with excellent land positions and not enough money to develop them. My guess is they have a plan in mind going forward. First step is to give the share price a boost. Nothing like a high profile well to attract attention and bring in buyers. They will have the liquidity to attract some larger buyers. Why will they go with a high profile play? Beecause if they don't they will get eaten by someone looking for an under valued company with excellent balanced land holdings. It could get real interesting this summer!Just my view.
Cheers,
JR.