Oil slump spurs merger wave among juniors

By Angela Macdonald-Smith
Updated December 23 2014 - 2:08am, first published 1:33am
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.
Metgasco has announced a plan for an all-scrip merger with Elk Petroleum.

The slump in crude oil prices has stirred up a wave of merger activity in the small end of the oil and gas sector as junior explorers struggle with the impact of declining investor support and stretched finances.

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