Crude For Thought - Halcon sells the Bakken and watch out in oilfield services
Halcon sold its Bakken acreage and showed the market it was undervalued in a big way. The company is now a pure play Permian operator. Chevron sold more in the shallow Gulf of Mexico and Devon announced an impressive STACK well. Jonathan Garrett joined to share his view on the wave of oilfield service M&A. Watch for new technologies to emerge.