After the XTO Energy buyout from Exxon Mobil, there is another big natural gas deal announced today. France's Total signed a 2.25 billion dollars tie-up with Chesapeake Energy (CHK) becoming the latest international oil major to take advantage of low gas prices to snap up shale gas assets.
Natural gas assets are being bought my major energy players and some smaller natural gas players like Delta Petroleum (DPTR) may benefit. Delta Petroleum (DPTR) is trading at 1.10 dollars per share, down 79% in 1 year.
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