September 14, 2016

From Washington Post/AP/Chicago Tribune German-based Bayer AG said it has signed a deal to acquire U.S. seedmaker Monsanto for $66 billion in cash. The German chemical company Bayer said it will take over U.S. seed giant Monsanto to become one of the world’s biggest agriculture conglomerates. The $66 billion deal — the largest corporate mega-merger in a year full of

From Bloomberg  – video interview Vaca Muerta fields have ‘enormous potential,’ Dudley says, Permian Basin shale assets too expensive for company right now BP Plc would rather invest in Argentina’s shale oil fields than in Texas’s Permian Basin, the U.S. drilling hot spot, Chief Executive Officer Bob Dudley said. The U.K. oil producer is seeking to buy more assets in Argentina’s Vaca

From Bloomberg Credit market jitters have done little to deter yield-hungry investors from buying new junk bonds to get their fix. Consider PDC Energy Inc., an oil explorer with credit ratings four levels below investment grade. Investors were so enthusiastic about the company’s bond sale on Monday that they put in $1.5 billion of orders for a $400 million offering, according to

LAFAYETTE, La., Sept. 14, 2016 /PRNewswire/ — PetroQuest Energy, Inc. (NYSE: PQ) announced today the early participation results of its previously announced private exchange offers (the “Exchange Offers”) and consent solicitation (the “Consent Solicitation”) to Eligible Holders (as defined below) of its outstanding 10% Senior Notes due 2017 (CUSIP No. 716748 AA6) (the “2017 Notes”) and its outstanding 10% Second Lien Senior Secured