Friday, June 20, 2025

PetroQuest Energy Announces New $50 Million Multi-Advance Term Loan Agreement

LAFAYETTE, La., Oct. 17, 2016 /PRNewswire/ — PetroQuest Energy, Inc. (NYSE: PQ) announced today that it has entered into a $50 million multi-advance term loan agreement with certain lenders, and Wells Fargo Bank, National Association, as administrative agent for such lenders.  The loan agreement provides a multi-advance term loan facility with borrowing availability for three years of up to $50 million, subject to compliance with the

Solar -oilandgas360

Solar Generation Projects Require Abundant Acreage

18.5 Billion Solar Panels Could  Power the U.S., but … To generate electricity from the sun, you need either to collect solar radiation and convert it with photovoltaic cells to DC power, then to AC with an inverter, or you need to concentrate the sunlight onto one central collector from acres of “mirrors” and let the combined, concentrated heat from the

Bonanza Creek Shares Drop as Company Elects Not to Make Interest Payment

Bonanza Creek has sufficient cash to make payment, but chooses to maintain liquidity Denver-based Bonanza Creek Energy (ticker: BCEI) announced that it will not make the scheduled payment on its $500 million 6.75% senior notes due in 2021. The company has enough cash to make the $16.9 million payment, but has elected to enter into a 30-day grace period, the

U.S. Production Expected to Decline Even as Efficiencies Improve

EIA report predicts production to drop in every region except the Marcellus and the Permian The Energy Information Administration released its monthly drilling report Monday forecasting production will fall throughout many of the basins in the United States in November compared to this month, even as new rigs continue to produce more on a per-rig basis. The report, called the