Latest Shale M&A Mania to Hit Ohio…Banks?!

It doesn’t surprise when we hear about mergers and acquisitions (M&As) between “producers” (i.e. drillers) in the Marcellus and Utica Shale–for example the recent purchase of Oxford Oil by Eclipse Resources (see Eclipse Resources buys Oxford Oil, Adds Another 49K Utica Acres). Nor does it surprise when we hear about M&As between midstream–pipeline and processing plants–companies (see Crestwood/Inergy Complete Their Merger Today, Worth $8B).

However, what may surprise you is to hear that the Marcellus/Utica is also driving an increase of M&As among banks–particularly in eastern Ohio…

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