CALGARY, May 27, 2020 /CNW/ – Touchstone Exploration Inc. (“Touchstone”, “we”, “our”, “us”or the “Company”) (TSX, LSE: TXP) announces that its indirect wholly-owned subsidiary, Touchstone Exploration (Trinidad) Ltd., has entered into escrow arrangements for a US$20 million…
FORT WORTH, Texas, Jan. 24, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced …
The largest banking lenders to the U.S. oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, …
Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (OTCQX: UPLC) announces that it has received unanimous approval from the lenders for its revolving credit facility (the “Credit Facility”) and entered into an amendment that, among other items, removes the financial …
Bonanza Creek Energy Announces Results of Borrowing Base Redetermination and Participation in Upcoming Investor Conference
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Goodrich Petroleum Announces Recent Developments and First Quarter 2019 Financial Results
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Ultra Petroleum Corp. Announces 2018 Year-End Reserves and Production, Reaffirms its $1.3 Billion Borrowing Base, Executes a Proactive Amendment to RBL Credit Agreement, Provides an Update on Follow-On Debt Exchanges, and Schedules Q4 and Year-End Earnings Call
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Mid-Con Energy Partners, LP Announces Borrowing Base Increase to $135 Million
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ProPetro Announces Expansion of Revolving Credit Facility
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Approach Resources Announces Reaffirmation of Borrowing Base
…Bonanza Creek Announces New $350 Million Borrowing Base
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Chaparral Energy Announces Borrowing Base Increase
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Talos Energy Announces Borrowing Base Increase
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More than 80% of Haynes and Boone’s respondents in its newest borrowing base survey expect borrowing bases to increase, with most expecting 10 to 20 percent increases, …
Williston and Uinta basin light oil producer Crescent Point Energy Corp. (ticker: CPG) renewed its unsecured, covenant-based credit facilities totaling $3.6 billion, with a maturity date extension to June of 2020.
The company reported that …
Summit Midstream Partners, LP (ticker: SMLP) said its subsidiary Summit Midstream Holdings, LLC has executed an amendment and extension of its $1.25 billion revolving credit facility.
The maturity date of the revolving credit facility was extended by approximately 3.5 years, …
Yuma Energy, Inc. (ticker: YUMA) said it has sold its wholly owned subsidiary’s El Halcón property for $5.5 million.
The assets are located in Brazos County, Texas, and Yuma held an average working interest of approximately 10% (1,557 net acres) …
Northern Oil and Gas, Inc. (ticker: NOG) reported total production of 1.2 million BOE for the first quarter, averaging 13,299 BOEPD.
Northern’s business model is as a non-operator franchise in the Bakken …
Permian driller Parsley Energy (ticker: PE) said it has amended its revolving credit agreement, increasing the borrowing base by 60% to $1.4 billion, with a company-elected commitment amount of $1.0 billion.…
Haynes and Boone, LLP released its spring 2017 survey of oil and gas borrowers and lenders this week, demonstrating a modestly improved outlook for the oil and gas market.
In its …
WildHorse Resource Development’s (ticker: WRD) existing borrowing base under its $1.0 billion multi-year revolving credit facility was increased by its 15-lender bank group to $450 million from $362.5 million, the company announced today.
WRD’s revolving credit facility matures in December …
Following the closing of the company’s North Stockyard asset sale, Samson Oil & Gas Limited’s (ticker: SSN) outstanding debt has been reduced to $19 million and Mutual of Omaha Bank has …
Rex Energy Announces Re-Affirmed Borrowing Base of $190 Million
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Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), is pleased to announce that on 29 June 2016 it entered into an amendment to the existing bank agreement with the Commonwealth Bank …
Southwestern Energy Rearranges And Extends Bank Credit Facilities
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DENVER, May 16, 2016 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced today that the borrowing base on its revolving credit facility has been re-affirmed at $700 million and that the Company has elected …
CALGARY, ALBERTA–(Marketwired – May 16, 2016) – GRANITE OIL CORP. (“Granite“) (TSX:GXO)(OTCQX:GXOCF) announces that the annual borrowing base redetermination under its demand credit agreement has been completed and the borrowing base has been set at $60 million, consisting …
