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Activist investor Elliott Management offered to buy oil and gas producer QEP Resources in an all-cash deal valued at $2.07 billion, saying that the company is "deeply undervalued."
Here’s a quicklist of oil and gas assets on the market including multiple Permian Basin packages in West Texas plus a sealed-bid auction of producing minerals in Oklahoma’s Scoop play.
Overall, 2018 was the Year of Consolidation as several E&Ps agreed to merge throughout the U.S., including inside and outside the prolific Permian Basin.