Post Tagged with: "Fleur de Lis"

Oil and Gas Funding is Evolving: An Oil & Gas 360® Special Report

Oil and Gas Funding is Evolving: An Oil & Gas 360® Special Report

For now, Wall Street has turned off the shale funding spigot  By Bevo Beaven, Editor, Oil & Gas 360, with Richard Rostad, Analyst Oil and gas funding is evolving. Initial public offerings, secondaries and follow-on equity raises are no longer an easy-to-turn-on cash spigot that sits ready to fill the bank accounts of public exploration and production (E&P) companies with the millions or billions of dollars the upstream oil and gas companies need to replace declining production. If you’re an oil or natural gas producer you need to continually drill and develop new acreage at a faster rate than the natural decline curve in order to grow production, replace reserves and build your company’s value. But starting in Q4 of last year, Wall Street has been loudly shouting “no thanks” to pumping more funds into shale companies. That means companies are having to become attractive to new sources of energy[Read More…]