Permian Ripe For Mergers As Big Oil Aims For Prime Assets

By Keith Goldberg (April 15, 2019, 8:44 PM EDT) -- Chevron Corp.'s recent $33 billion acquisition of Anadarko Petroleum Corp. — motivated by Anadarko's large portfolio of Permian Basin drilling properties — has deal-makers bracing for a consolidation wave to hit the oil-rich region, with fossil fuel giants expected to scoop up more cash-tight independent producers struggling to develop their acreage....

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