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Oil Industry's 'Hottest Zip Codes' See Bids Soar on SM Deal - Bloomberg
Bloomberg | Oil Industry's 'Hottest Zip Codes' See Bids Soar on SM Deal Bloomberg SM Energy Co.'s $980 million purchase of drilling rights in the biggest U.S. crude field indicates producers are willing to pay a premium for access to one of the few spots where oil exploration still turns a profit. SM, which extracts oil and natural ... SM Energy to buy US explorer Rock Oil for $1bln |
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