North Sea Oil, Gas Firms Hold Off on Investment
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Rigzone Staff | Friday, July 18, 2014 | 12:26 AM EST
"Notwithstanding this, there are a large number of assets on sale. However, vendors tend to be larger players, and as buyers are often smaller operators, with limited budget, this is creating an expectation gap in prices. Until there is movement on that front, deal activity is likely to remain muted."
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