Rystad Energy, an energy consultancy firm, recently published a report that indicates M&A deal-making in the oil and gas industry has dampened when compared to the first six months of last year. Donald Trump’s policies and other macroeconomic uncertainties have contributed to this slump, although it can also be argued that the slowing down of deal-making activity at this time is only natural after the frantic merger and acquisition deal-making that happened during the past 24 months.
The slowing down of M&A activity doesn’t mean the sector is going quiet. On the exploration and production front, firms are going full steam ahead. Entities like GEMXX Corp. (OTC: GEMZ) possibly regard this period as a time to ramp up their exploration activity so that when stability returns on the…
NOTE TO INVESTORS: The latest news and updates relating to GEMXX Corp. (OTC: GEMZ) are available in the company’s newsroom at https://ibn.fm/GEMZ
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