Is the M&A route taking over from wildcatting for oil and gas players?

Recent deals highlight attractiveness of purchasing relatively safer assets

Dealmaker: ExxonMobil chief executive Darren Woods spearheaded the acquisition of Pioneer Natural Resources.
Dealmaker: ExxonMobil chief executive Darren Woods spearheaded the acquisition of Pioneer Natural Resources.Photo: REUTERS/SCANPIX
Published 26 October 2023, 01:01Updated 26 October 2023, 01:01