Expect a ‘long drawn-out process’ with closing not likely until second half of 2015 or after, analyst says.
Drop in crude oil prices might create breathing room for industry, COO Fisher says.
A merger is likely to undergo rigorous antitrust scrutiny.
M&A is not expected to crank up anytime soon, survey indicates.
The acquisitions include exposure to the Woodford, Meramec and emerging Goddard/Springer Shale.
A&D activity causes the company to miss earning per share and production targets.