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August 26th shaped up to be a big day for shareholders in PDC Energy (PDCE) and SRC Energy (SRCI) following news that broke that the former has agreed to acquire the latter in an all-stock deal valued (inclusive of net debt) at $1.7 billion. In response to the development, shares of both oil and gas E&P (exploration and production) firms soared, driven by the prospect of synergies, significant free cash flow generation, and a ramped-up share buyback planned by the management team at PDC. Though the easy money has already been