Wood Mackenzie outlines the next most likely takeover targets in the Permian right now. The next most likely takeover target in the Permian right now is Endeavor Energy Resources, according to Wood Mackenzie (WoodMac). “The storied Permian producer has been on the radar for months as an attractive buy for Shell,” WoodMac said in a company statement. “Endeavor’s huge 350,000-acre position in the Midland Basin is fiercely desired, and it’s the biggest private company in the area,” WoodMac added. The second most likely Permian takeover target currently is Diamondback Energy, according to WoodMac, which described the company as “a powerful force ripe for acquisition”. By WoodMac’s models, Diamondback Energy could grow production by nearly 100 percent in the next five years. The third most likely takeover target in the Permian at the moment is Concho Resources, WoodMac revealed. Concho could also grow its output close to 100 percent within […]