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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

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Other large deals in the market include: 1) the E&P portfolio of El Paso Corporation; 2) EnerVest partnerships seeking another Utica shale JV partner or outright sale via a process anticipated in mid-2012 and; 3) Chesapeake working three JV deals (Williston basin, Mississippian and a third undisclosed area).

El Paso 225