This Is The End Of U.S. O&G Independents; Only Supermajors Will Remain

The U.S. shale industry has been built up around a Private Equity model with a clear exit strategy. However, this model has become less and less economic in recent years and many independents are now thought to be sitting on illiquid assets. With no clear exit strategy in the current low price environment, is the end of M&A in the U.S. Shale industry?

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