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BHP seen approaching M&A 'sweet spot' in hunt for deals

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BHP Billiton Ltd is snapping up oil exploration prospects from the US to Australia and flagged last week it's seeking to make further similar investments.

Melbourne

BHP Billiton Ltd is snapping up oil exploration prospects from the US to Australia and flagged last week it's seeking to make further similar investments. There's speculation it'll also step up to target deals for operating wells and mines.

With signs the commodity rout

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