Shale-related mega deals are expected to become "very company-specific" and shift focus from high costs and low oil prices to growth, said Fadel Gheit, managing director and senior energy analyst at Oppenheimer. Although some experts say independent firms are unlikely to copy the merger deals of major oil companies, Chad Mabry, energy analyst MLV & Co., noted that the independent producers "who have driven shale plays to date and are focusing on efficiencies more than ever" will drive such deals.

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