Tuesday, November 5, 2024
Oil & Gas 360

Spring Borrowing Base Redeterminations: a Preview

Haynes and Boone polled banks, producers, private equity firms, professional services and oilservice companies in January to take an early pulse of the spring redetermination expectations from the industry and the financial institutions supplying the credit. Key findings by Haynes and Boone: Overall respondents expect 79% of the borrowers to see a decrease in their borrowing base in spring 2016

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