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The oil and gas leasing and exploration and production landscape has become more competitive and further reaching now that prices are down, and companies are deciding whether to develop new fields in Pennsylvania, Ohio, and elsewhere. Are your clients interested in acquiring distressed oil and gas assets while prices are low and debt burdens are high? If so, you need to stress the importance of conducting sufficient due diligence to protect their interests. To do otherwise isn’t just unwise—it may cost your client millions of dollars.
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