The Role of Reserves in the Acquisition of Oil Producers

Larry Fink: Hedge funds are looking at this kind of relationship between reserves and market cap. We have our in the bear traps before we have trade alerts that we've been building a position in in tarot AR in southwestern energy, he says. "We also had another transaction in the last couple of weeks, OVB equity, which was a Permian property that was acquired for 4.3 billion" He asks whether there is a preference on okay, in a friendly jurisdiction, you know, with inside the United States,. Whereas if you're buying oil producing assets in Guyana or someplace, you never know what the rules will be.