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HOCK LOCK SIEW

PEs and VCs may emerge as O&M white knights

But this needs to be preceded by lenders taking the necessary haircuts

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The bottom for exploration and production spending is near, Pareto Securities proclaimed in an August research note drawing from its annual E&P survey with oil and gas companies.

THE bottom for exploration and production spending is near, Pareto Securities proclaimed in an August research note drawing from its annual E&P survey with oil and gas companies. Going by the adage of "buy low, sell high", investors taking on the Pareto hint should have started bottom-

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