Winter NAPE 2018: Re-energized and ready

The annual North American Prospect Expo (NAPE) is a powerful way to take the pulse of the onshore US sector. Last year, NAPE heralded a slow return of optimism to the oil patch. This year’s show brought enthusiasm. The number of prospects shown seemed small compared to prior years, but nearly every major US player had a presence at last week's event. Both producers and lenders were energised and eager to rekindle relationships that went unattended during the downtown. This inform outlines key points our research team took away from two jam-packed days of industry interactions.