AssetID: 53455291
Headline: Oil Companies Announce Massive Merger Amid Rush to Snatch up Drilling Land
Caption: 'The Guardian' reports that two United States oil and gas companies have announced a massive $26 billion merger in an attempt to increase output. Diamondback Energy will purchase Endeavor Energy Resources, creating a company valued at approximately $50 billion.
Keywords: Oil,Companies,Announce,Massive,Merger,Rush,Snatch,Drilling land,Valued,Company,Increase,United States,Energy Resoruces,Purchase,Diamondback Energy
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