An Analysis of the Drivers of Exploration and Production Restructuring

Abstract

This study focused on factors that surround mergers and acquisitions within the exploration and production vertical of the oil and gas industry. Prior research has focused on factors that surround mergers and acquisitions in the broad economy as a whole. Research within the industry largely focused on the price effects caused by oil and gas mergers. Based off of the prior research, this paper aims to identify drivers specific to exploration and production mergers. The three hypotheses put forward at the start of the research were proven to hold through the experiment.