In a matter of weeks, E&Ps raised $8 billion, a lifeline that staved off divestitures. Equity is also pumping up big MLPs such as LinnCo, which has $1 billion in firepower from Quantum Energy Partners. What's a company to do with so much cheap money?

  • Murphy Markham, managing partner, EnCap Investments LP; and
  • Robby Rockey, vice president, Fleur de Lis Energy LLC.