Experienced E&P strategist Paul Sparks has been thinking about the future of what today is a highly fragmented E&P industry. As the US unconventional business matures, will it always be run by 50+ public Independents and hundreds of smaller privates? Or is mass consolidation the future?
History and some of the benefits of scale at this stage of tight oil’s evolution argue for consolidation. But is the time now? Here are Paul’s thoughts…
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