Fall redeterminations are just around the corner
As the 2017 fall borrowing base redetermination season approaches, lenders and producers alike are watching commodity prices closely. Will fluctuations in commodity prices over the last several months impact credit availability under reserve-based loans?
As part of its continuing series of borrowing base surveys, Haynes and Boone invites you and other industry leaders and professionals to participate in the fall 2017 Borrowing Base Redeterminations Survey. Results will be reported only in the aggregate and your name and responses will not be disclosed individually.
Please take the Haynes and Boone survey here.
(Survey ends on Friday, September 29)
Haynes and Boone relies on industry professionals for its survey and the results are closely monitored by energy executives, financial officers, lenders and media.
“Our semi-annual 2015 and 2016 surveys all predicted significant borrowing base reductions. However, our spring 2017 survey showed a more positive outlook. Most respondents expected borrowing bases to increase slightly or remain unchanged in spring 2017 as compared to fall 2016 borrowing bases. On balance, spring 2017 redeterminations fell in line with our survey’s predictions,” the firm said.
