Sunday, February 13, 2011

Investors: Possibility of Mergers in Oil Service Sector

SeekingAlpha had a short list of potential candidates that might be involved in mergers, some being acquired, some doing the acquiring.

The list is at this link.

I recognize three or four companies on this list as having a presence in the Bakken.

One name that jumps out at me on that list is Helmerich & Payne. I've mentioned them once or twice before on this blog. They manufacture some of the rigs being used in North Dakota, including the FlexRig. Investors might want to revisit this link.