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According to Dow Jones news on September 12, Tudor Pickering Holt said that the reserves of major shale oil and gas production areas such as Bakken and Eagle Beach in the United States are gradually depleted, and in order to maintain inventory levels, some large shale oil and gas producers may need to use free cash flow to carry out mergers and acquisitions
.
This means that shale oil and gas companies that do not need to make acquisitions will be better investment than shale oil and gas companies that have to seek mergers and acquisitions, and those companies that have ensured access to high-quality shale oil and gas production areas
for many years, the agency said.
According to Dow Jones news on September 12, Tudor Pickering Holt said that the reserves of major shale oil and gas production areas such as Bakken and Eagle Beach in the United States are gradually depleted, and in order to maintain inventory levels, some large shale oil and gas producers may need to use free cash flow to carry out mergers and acquisitions
.
This means that shale oil and gas companies that do not need to make acquisitions will be better investment than shale oil and gas companies that have to seek mergers and acquisitions, and those companies that have ensured access to high-quality shale oil and gas production areas
for many years, the agency said.
