Thursday, January 23, 2025
Paramount Resources Ltd. announces amended credit facility- oil and gas 360

Paramount Resources Ltd. announces amended credit facility

Oil and Gas 360 CALGARY, AB, June 30, 2020 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce that it has successfully completed amendments to its senior secured revolving bank credit facility (the “Facility”) with the unanimous support of its nine-bank syndicate. The amendments include a full waiver of the Senior Secured Debt to Consolidated EBITDA

ConocoPhillips - oil and gas 360

ConocoPhillips to bring back some curtailed production

Reuters ConocoPhillips said on Tuesday it would bring back some of the curtailed production in July, joining a growing list of oil producers turning on the taps months after a plunge in demand slammed the brakes on drilling. U.S. shale drillers had to cut supply by roughly 2 million barrels per day to counter a historic crude price crash stemming

OPEC oil output sinks as Saudi deepens cuts and others cut more, survey shows- oil and gas 360

OPEC oil output sinks as Saudi deepens cuts and others cut more, survey shows

Reuters LONDON  – OPEC oil output hit the lowest in two decades in June as Saudi Arabia and other Gulf Arab members made larger cuts, a Reuters survey found, pushing group compliance in a supply reduction pact above 100% despite incomplete adherence by Iraq and Nigeria. The 13-member Organization of the Petroleum Exporting Countries pumped 22.62 million barrels per day