Definition of "midcontinent" []

• In or near the middle of a continent (adjective)

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• "In fact, the number of transactions in what the industry calls the midcontinent, a region that includes the Permian Basin, more than doubled in the fourth quarter of 2009 versus the same period the year before, with the value of the deals increasing more than twenty-fivefold, said Jon McCarter, transactions leader for Ernst & Young's oil and gas center in Houston."
• "Given the companies' proximity to each other, access to midcontinent oil and similar refining capabilities, the merger seemed like a natural move, Frontier Chairman and Chief Executive Mike Jennings said in an interview."
• "The New York-based manager, with $750 million of assets under management, invested last year in Houston-based Black Elk Energy LLC, which buys from growth energy companies physical oil and gas wells in the midcontinent and southern Gulf Coast states that are near their end of production, or five to seven years' lifespan left, to be exact."