The Globe and Mail reports in its Tuesday, Oct. 6, edition that on Monday, shortly after news that Cenovus Energy was buying Athabasca Oil acquisition broke, Scotia Capital analysts Chris MacCulloch and Kevin Fisk published a report highlighting promising oil and gas plays that are likely to be the next takeover targets in a consolidating sector. The Globe's Andrew Willis writes that the Scotiabank analysts say Athabasca shareholders are getting full value for their shares. They say a "competing offer is unlikely to emerge." The analysts note that with Athabasca gone, promising small to mid-sized oil companies are still available to domestic investors. The analysts highlight Strathcona Resources, Tamarack Valley Energy, International Petroleum and Baytex Energy "as solid options for investors looking for high-growth oil-weighted names." Cenovus and peers such as Canadian Natural Resources, Imperial Oil, Suncor Energy and Shell -- which recently spent $16.4-billion (U.S.) on natural gas producer ARC Resources -- can be counted on to boost their reserves by continuing to snap up mid-sized companies. Senior oil companies also have the cash to fund acquisitions.