They got another 300m on credit line
On November 22, 2021, Continental Resources, Inc., an Oklahoma corporation (the “Company”), as borrower, MUFG Union Bank, N.A., as administrative agent, and the increasing lenders party thereto entered into that certain Incremental Commitment Activation Notice, which supplemented that certain Revolving Credit Agreement, dated as of October 29, 2021 (as may be further amended, restated, amended and restated, supplemented or otherwise modified from time to time), among the Company, as borrower, MUFG Union Bank, N.A., as administrative agent, and the lenders party thereto in order to increase the amount of the aggregate commitments by $300 million to total aggregate commitments of $2.0 billion.
So in summary
New debt 1.6
Credit line 2.0
Cash. . 7
Q4 cash to date . 4
Liquidity. 4.7
Pxd purchase. (3.2)
Continental CLR
Re: Continental CLR
$ 50 today 2 days ago 45.27.
Thank you Team Biden
Thank you Team Biden