Tag: NAP

Northcote to acquire US assets of NAP

Northcote, an onshore US oil and gas exploration and production company, has signed an agreement with NAPP to acquire the entire issued share capital of NAPP's wholly owned US subsidiary, NAP USA.

The acquisition significantly enhances Northcote's field level cash flow, lease acreage and net production, providing the enlarged company with a robust platform for future production and cash flow growth even during times of oil price weakness.