Page 1 - NorthAmOil Week 17 2022
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Issue 701 28•April•2022 Week 17
Frozen assets
The administration of US President Joe Biden has overturned a Trump-era
policy to open up more of the NPR-A to drilling.
Market valuation
Canadian Natural Resources Ltd reached a market valuation of over
CAD100bn ($78bn) after its share price hit a record high in late April.
Offshore exit
China National Offshore Oil Corp. has confirmed to Canadian media that it
is exiting offshore Flemish Pass Basin offshore Newfoundland and Labrador.
Gas certification
ExxonMobil has had about 200 mmcf per day of natural gas output at its
Poker Lake project in the Permian Basin certified by MiQ.
