Bankruptcy and restructuring have become prevalent words in the oil and gas industry during the present price downturn. With spring borrowing base redeterminations already under way or quickly approaching, speculation is rampant as to the extent of cuts and who will suffer the consequences when cuts are made.
See: http://www.oilandgas360.com/borrowing-b ... dium=email
Borrowing Base Redeterminations
Borrowing Base Redeterminations
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Borrowing Base Redeterminations
Great chart. Thanks.
Re: Borrowing Base Redeterminations
Liquidity in this business is EXTREMELY important.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group