Is Whiting Petroleum Up for Sale?
As hard-to-reach oil becomes a bigger part of the overall production mix, we see companies going offshore, to the onshore shales, and to the oil sands. The one thing these types of production have in common is that they're all unconventional.
As mergers and acquisitions continue at their brisk pace, a lot of the bigger players have been looking to increase their exposure to high-quality plays at a reasonable price. One of the areas where M&A has been strong has been in the Williston Basin, where companies have been trying to get access to the Bakken and Three Forks plays. Whiting Petroleum has been one name cited as a likely target. Watch the video for the full analysis
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The article Is Whiting Petroleum Up for Sale? originally appeared on Fool.com.
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