Page 1 - NorthAmOil Week 05 2022
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Issue 689 03•February•2022 Week 05
Improved performances
ExxonMobil and Chevron reported fourth-quarter profits, bolstered by
stronger oil and gas prices, but some ongoing challenges remain.
Shale acquisition
Earthstone Energy has agreed to acquire the assets of privately owned
Bighorn Permian Resources for around $860mn.
Sale annulled
A US federal judge has annulled the first Gulf of Mexico lease sale held by
the administration of US President Joe Biden.
Carbon partnership
Canada’s Enbridge is partnering with the First Nation Capital Investment
Partnership to advance the proposed Open Access Wabamun Carbon Hub.
