M&A Activity expected to increase

According to Advocate Daily, M&A in oil and gas industry is expected to increase at a steady pace for the next 12 months. This was primarily due to increased confidence in oil and gas investment, improved economic conditions and increased interest by the Asian market.

China’s need for natural resources will drive the acquisition rate; with the continued interest in this industry pushes the energy firms to improve current technology and production rates which is essential to North American energy independence.

In a study conducted by Blake, Cassels & Graydon LLP found that 79% of respondents expect deal volume to rise and 70% in increased m&a transactions.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s