Borrowing Base Redeterminations

Post Reply
dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

Borrowing Base Redeterminations

Post by dan_s »

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
Dan Steffens
Energy Prospectus Group
cviller
Posts: 95
Joined: Wed Apr 06, 2011 7:44 am

Re: Borrowing Base Redeterminations

Post by cviller »

Great chart. Thanks.
dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

Re: Borrowing Base Redeterminations

Post by dan_s »

Liquidity in this business is EXTREMELY important.
Dan Steffens
Energy Prospectus Group
Post Reply