Post Tagged with: "Double Point Energy"

Source: Reuters

Pioneer’s $6.4 billion deal for DoublePoint accelerates U.S. shale oil consolidation


U.S. oil producer Pioneer Natural Resources agreed on Thursday to acquire privately-held rival DoublePoint Energy for about $6.4 billion, speeding up a consolidation of shale oil producers.

Oilfield rollups have accelerated this year as energy prices recover following last …