Energy Buyouts: Not Made in the USA (from The Wall Street Journal)

Then there is the uncertain fate of a proposed lifting of the U.S. government’s ban. “There is just so much growth in offshore drilling outside the U.S.,” said Michael G. Parham, managing director of energy deals at investment bank RSM EquiCo Capital Markets. “It’s a resource play to get access to resources” in the North Sea, West Africa, and Russia for the investors.