We've seen a wave of high-profile energy deals recently, and the rumor mill is churning. So who is making the next big deal? This is your A&D Minute powered by BOK Financial Securities.

Despite the swirling rumors, companies are keeping their M&A plans close to the chest. In its third quarter earnings, Chesapeake’s CEO reiterated the high bar the gas producer has for inking deals. Marathon Oil’s CEO said the company isn't in a big hurry to sign a deal giving their existing runway and BP interim CEO denied reports that the U.K. supermajor is looking to add more scale in U.S. shale basins. However, analysts expect a flurry of M&A activity in the shale patch after the latest major acquisitions by Exxon and Chevron. Will some of these E&P players become buyers in the near future?

Speaking of one E&P is expanding in Canadian shale. Crescent Point Energy is scooping up Hammerhead Energy in a cash and stock deal extending their development runway in the Montney Shale, with approximately 800 incremental drilling locations. At Crescent Point's current pace, its premium inventory will grow to more than 20 years through the acquisition.

That's your A&D Minute powered by BOK Financial Securities. Watch new episodes every Wednesday with our A&D Watch newsletter. Sign up at hartenergy.com/deals.

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