Aside from the occasional fire sale, we really didn't see many oil and gas transactions for a good stretch of time. In recent days, however, the acquisitions and divestitures market (known in the biz as A&D) seems to have finally begun to pick up.
Last Wednesday, Marathon Oil
A day later, BP
Is BP just not that into Indo? Hardly, but the company appears more keenly focused on liquid natural gas and coalbed methane projects in the country.
Rounding out the trio of transactions is today's agreement between Encore Acquisition