By Jess Krochtengel ( October 18, 2016, 4:16 PM EDT) -- SM Energy Co. narrowed its focus on the Permian Basin through a $1.6 billion cash-and-stock deal giving it an additional 36,000 acres in West Texas from an EnCap Investments LLC portfolio company, while selling off North Dakota assets for $785 million in cash to Oasis Petroleum Inc....
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