2014 Who's Who in E&P A&D Directory
Through the first half of 2014, the upstream A&D market sizzled. Oil and gas bankers have seldom been busier, investors showed a ravenous appetite and billion-dollar deals kept coming.
In mid-2013, the outlook was not nearly as compelling with the U.S. onshore deal flow just under $17 billion. In the first two quarters of 2014, deal values have skyrocketed 82% to $31 billion. First-half 2014 U.S. E&P A&D transactions hit 56, compared with 37 in the first half of 2013, mostly due to a jump in oil deals, reported Chris Simon, managing director co-head of acquisitions and divestitures for Raymond James. Natural gas also made a respectable return. Pure play natural gas assets accounted for five of the top 20 deals in the first half of 2014 with a combined value of $7 billion.
Some of the activity was from the divestment of noncore assets by operators in the Midland Basin and Eagle Ford. When such deals are on the table, contacts can become vital connections who can help guide a deal to fruition.
This issue of the annual Whoâs Who in E&P A&D is a guidebook to your colleagues. It contains more than 600 acquisition and divestiture professionals representing hundreds of companies. Inside are the point-persons for companies such as QEP Resources, Apache Corp. and Anadarko Petroleum.