Credit facility – Oil & Gas 360

Earthstone Energy, Inc. announces increased elected commitments under its credit facility

April 4, 2023

Oil and Gas 360 THE WOODLANDS, Texas, April 03, 2023 (GLOBE NEWSWIRE) — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced today that it has entered into an amendment to the Company’s senior secured revolving credit facility (the “Credit Facility”), increasing the elected commitments from $1.2 billion to $1.4 billion. Additionally, the $250 million term loan tranche under

Canacol Energy Ltd. announces closing of new revolving credit facility

February 22, 2023

CALGARY, Alberta, Feb. 22, 2023 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” …

Goodnight Midstream announces closing of private placement, new revolving credit facility

June 14, 2022

Yahoo Finance DALLAS, June 13, 2022 /PRNewswire/ — Goodnight Midstream LLC (“Goodnight”), a leading midstream produced water infrastructure company, today announced the completion of the sale of $325 million of Senior Notes in a private placement to EIG and Crestline Investors. Concurrent with the private placement, Goodnight announced the successful closing of a $100 million Revolving Credit Facility led by Wells Fargo Bank, N.A., along with

Paramount Resources Ltd. announces amended credit facility

June 30, 2020

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

Paramount Resources Closes Sale of Karr 6-18 Nat Gas Facility

August 2, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Paramount Resources completes divestiture of its Karr 6-18 facility to CSV Midstream Solutions Paramount Resources Limited, a liquids-focused independent E&P based in Calgary, has completed the sale of its Karr 6-18 natural gas facility to CSV Midstream Solutions for a total of approximately $470 million. The consideration includes approximately $330 million

Transocean Revolving Credit Facility Jumps to $1.36 Billion

May 15, 2019

Transocean Ltd. Announces Revolving Credit Facility Increase to $1.36 Billion

Calgary-based Precision Drilling Corporation (ticker: PDS) announced planned capital expenditures for 2017 of CAD$109 million.

Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018

December 13, 2018

Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018

Bellatrix Sells Non-Core Harmattan Assets for $80 Million

Bellatrix Renews Credit Facility and Borrowing Base

November 30, 2018

Bellatrix Exploration Ltd. (stock ticker: BXE) recently completed the renewal and extension of its syndicated revolving credit facilities and the semi-annual redetermination of the borrowing base. The term of the credit facilities has been renewed to May 30, 2019 and remains extendible annually thereafter at the option, subject to lender approval. If not renewed in May 2019, the credit facilities

Transocean Offers $700 Million of Secured Notes and Closes $1 Billion Credit Facility

June 27, 2018

Transocean Ltd. (NYSE:RIG) announced today that Transocean Guardian Limited (“Transocean Guardian”), a wholly owned indirect subsidiary of Transocean, commenced a private offering of senior secured notes. Transocean Guardian intends to offer U.S. $700 million in aggregate principal amount of senior secured notes due 2024 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by

anadarko-600w Chevron, Anadarko Megadeal Portends Billions in Asset Divestment - Oil & Gas 360

Anadarko Petroleum Increases Q4’15 Oil Sales Guidance by 5%

December 17, 2015

Receives Near-term Debt Relief by Extending Credit Maturities Anadarko Petroleum (ticker: APC) provided a fourth quarter update prior to the opening of the market on December 17, 2015, highlighting news from its drilling program and adjustments to its credit facilities. The Woodlands-based company announced the renewal of its $2 billion, 364-day credit facility to a new maturity in January 2017,

Key Energy Services Closes on New $415 Million Credit Facility

June 2, 2015

Key Energy Services (ticker: KEG) announced the reorganization of its credit facility on June 2, 2015, replacing its previous $400 million senior revolving facility that was set to expire in 2016. Under the terms of the new facility, Key closed on a $100 million asset-based revolver (ABL) due February 2020 and a $315 million term loan facility due June 2020.

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