Let the buying begin.(Completions)(megers and aquisition of commodities industry)(Editorial)

Publication: Oil and Gas Investor

Publication Date: 01-JAN-05

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COPYRIGHT 2005 Access Intelligence, LLC.

It's a new year without any M&A in it--yet. Soon, we'll learn how publicly held upstream companies fared in their year-end compliance with Sarbanes-Oxley 404, and the corporate-transaction games will recommence. E&P companies can feel free to marry other companies--for better compliance systems or worse.

For those looking to take the plunge, there may be more corporate-transaction opportunities on the market. The likely victims of these hard-to-love, expensive, financial-reporting IT systems that companies have had to suck it up and buy into will be the smallest of the publicly held companies. Those with market capitalizations of under $700 million have received...

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