Survey: most U.S. and Canadian oil execs foresee increase in M&A activity

June 23 - The Canadian Press - Merger and acquisition activity is expected to heat up across oilpatch, a survey by a Calgary law firm suggests.

Blake, Cassels & Graydon LLP asked 100 executives and financial advisers in the oil and gas industry about trends they expect to see over the next year. The survey suggests 60 per cent of U.S. and Canadian respondents expect the total volume of merger and acquisitions to increase.

The sentiment was stronger among Canadians surveyed, with 70 per cent saying they agreed with that view. Read More.