Analysts said that BP will provide much needed deepwater exploration expertise to Reliance which has been struggling to ramp up production at KG-D6, its biggest block which lies off the east coast.
Nevertheless, King (nyse: KG - news - people ) thinks it can duplicate Meridian's success with EpiPen, the injector that administers the epinephrine treatment for severe allergic reactions and is carried around by those at risk of getting potentially fatal allergic reactions.