Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume...
USA Superior Energy Holdings, Inc. announced it has executed a letter of intent to merge with Hunt Global Resources Inc. of Montgomery, Texas. The transaction will be in the form of a “reverse merger.” Under terms of the agreement, Hunt will assume a majority stock position and appoint a new board of directors. Full details of the transaction...