Marius Sikveland is an associate professor at the University of Stavanger Business School. His research is within the field of corporate valuation, discount rates, and commodity prices. The research is mostly concentrated on the international oil and gas industry and the aquaculture industry. He received his Ph.D. in economics in 2012 from the University of Stavanger. He also earned a Master of Science degree in finance from the Norwegian School of Management (2005). Before joining the University Stavanger he worked in the oil industry has a petroleum economist.
In this study, the authors investigate drivers of merger activity in the oil and gas sector and seek to ascertain how key determinants influence the takeover likelihood of oil and gas companies.
This paper focuses upon the oil and gas industry, examining the association between exploration activity risk and company shareholder returns.