"And now for something completely different...

WEDNESDAY, SEPTEMBER 16, 2009

M&A, E&P and PE
Yesterday brought the news that publicly traded Texas oil and gas E&P company Parallel Petroleum Corporation would be acquired by private equity ("PE") firm Apollo Global Management. Parallel drills in Texas, most notably in the Permian Basin and the Barnett Shale, and New Mexico, and its portfolio is biased towards oil.

The whole story...
http://www.haynesvilleplay.com/2009/09/m-e-and-pe.html

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