Wednesday, December 25, 2024
Fracing

What do Oil Companies and Lenders Foresee with this Fall’s Borrowing Base Redeterminations?

Haynes and Boone Releases Fall 2015 Borrowing Base Survey Results: “Time for Action” View Replaces Spring’s “Wait and See” Attitude New York City Financing Event Will Provide Color, Discuss Financing Options Farmouts of Proven but Undeveloped Assets could be Solution for Many Producers In an environment of continually falling commodity prices, things can get dicey for E&Ps. At today’s sub-$45 oil

MLPs Adjusting to Lower Borrowing Bases

Several master limited partners have less dry powder on hand Since the beginning of April, a number of master limited partnerships (MLPs) have announced redeterminations to their borrowing bases. MLPs have been in a particularly tight spot with the fall of oil prices, leading many of their lenders to lower their borrowing base. Eagle Rock Energy Partners (ticker: EROC) announced