Falling Oil Prices Spur Energy Dealmaking
Big producers, buyout firms and investors with an appetite for risk are sniffing out distressed opportunities in the oil patch.
Kaitlin Ugolik
January 29, 2015
This is a handout photo of the Paladin owned Montrose drilling platform in the North Sea. Talisman Energy Inc., operator of the second-largest number of U.K. North Sea oil fields, agreed to buy Paladin Resources Plc for 1.22 billion pounds ($2.2 billion), increasing its reserves in the region by about a third. Source: Paladin via Bloomberg News.
VIA BLOOMBERG NEWS
