Wednesday, September 18, 2024

Petrus Resources Announces Extension to Credit Agreement

ALGARY, Alberta, June 19, 2020 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX:  PRQ) announces its syndicate of lenders has extended the borrowing base termination date on its revolving credit facility agreement from June 22, 2020 to June 29, 2020.

Column: Oil prices no longer especially cheap after strong rally - Kemp- oil and gas 360

Column: Oil prices no longer especially cheap after strong rally – Kemp

Reuters LONDON  – Oil prices are no longer particularly cheap by historical standards. Perceptions about prices tend to be over-influenced by recent experience so current prices feel very low to producers used to receiving $60-80 per barrel over the 2018/19 period. But over a longer time horizon, current prices are not especially cheap, and are only a little below long-run

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