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Wednesday, October 1, 2014

Shale Oil Auction Block Shines Despite Oil's Decline



Investor's Business Daily - Investing RSS http://ift.tt/1vyDluF While oil prices -- pressured by rising supplies, a rising dollar and weak demand -- slide to their lowest mark in months, the U.S. energy landscape presents a mixed picture to suitors outside the U.S. News Monday that Alberta, Can.-based Encana (ECA) would pay $7.1 billion to acquire Athlon Energy (ATHL) produced one of the week's big winners: a 25% gain for Athlon shareholders. That followed the prior week's announcement that Germany's engineering


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