The company, founded in 2015, is believed to be close to appointing JP Morgan to explore a listing or sale to a rival.
Neptune reported 1Q21 gas production of approximately 125 700 boe/d earlier this month, in line with its expectations.
Read the latest issue of Oilfield Technology in full for free: Issue 1 2021
Oilfield Technology’s first issue of 2021 begins with a look at US tight oil’s prospects this year. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more.
Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/24052021/neptune-energy-planning-7-billion-ipo-reports-the-sunday-times/