Page 1 - NorthAmOil Week 04 2023
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Issue 738 26•January•2023 Week 04
Upcycle hopes
The top three oilfield service firms are hoping that the recent industry
upcycle will continue as they look beyond North America for business.
Shale acquisition
Matador Resources has agreed to buy Advance Energy Partners for $1.6bn
plus $7.5mn cash for each month in 2023 above a certain oil price level.
Offshore auction
Canada’s Newfoundland and Labrador will include three new areas in its
2023 offshore bidding round, according to a provincial official.
Freeport restart
Repairs have been completed at Freeport LNG, which has now requested
permission from US regulators to begin steps towards restarting the facility.
