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Pioneers Latest Acquisition to Help Alleviate Concerns of Another Shale Drilling Binge

2021-04-05 17:00:00| OGI

The acquisition of privately held oil and gas companies by mature operators, like Pioneer Natural Resources recent multibillion-dollar agreement to acquire DoublePoint Energy, should help alleviate concerns that U.S. shale could again oversupply the market and crash prices, says analyst.

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