Finance - Debt

Resolute Energy Launches Debt Offering To Fund Delaware Deal

Resolute Energy is offering $125 million of its 2020 notes. The company said it plans to use the proceeds to finance its acquisition of Delaware Basin properties in Reeves County, Texas.

2017/05/09

Memorial Production Partners Emerges From Bankruptcy With New Name

Memorial Production Partners LP said May 4 it successfully completed its financial restructuring, emerging from Chapter 11 as a new corporation named Amplify Energy Corp.

2017/05/05

Rex Energy Closes New $300 Million Term Loan Agreement

Tom Stabley, president and CEO, said the transaction supports Rex Energy's two-year development plan in the Appalachian Basin.

2017/05/01

Lilis Energy Raises $140 Million For Permian A&D

Lilis Energy plans to use the capital to build on the momentum of assembling a 10,000-net acre position in the core of the Delaware.

2017/04/27

For US E&Ps, Is Recovery A Slow And Steady Circle?

Some E&Ps are ramping up production, spending more, ignoring balance sheet repair and continuing to get rock bottom prices from oilfield service companies. Can the recovery handle it?

2017/04/24

Supreme Court Rejects Chesapeake's Bid In Bonds Dispute

The justices refused to hear Oklahoma City-based Chesapeake's appeal of a September 2016 ruling by the New York-based 2nd U.S. Circuit Court of Appeals in favor of bondholders.

2017/04/24

Covey Park Pays Down Debt As It Explores IPO

Deals in 2016 by Covey Park, the largest acreage holder in the Haynesville/Bossier shales, have fueled speculation that it might explore an IPO.

2017/04/24

Bill Barrett Offering $275 Million Of Notes In Private Placement

The net proceeds, together with available cash on hand, will fund the redemption of all outstanding 7.625% senior notes due 2019 and all outstanding 5% convertible senior notes due 2028.

2017/04/24

Swift Energy Increases Credit Facility Borrowing Base By $80 Million

J.P. Morgan led the facility and was joined by a syndicate of 11 banks, including six new lenders. As of March 31,about $172 million was drawn on the facility.

2017/04/21

Ultra Petroleum Exits Bankruptcy With $3 Billion New Financings

Ultra Petroleum said April 12 it successfully emerged from Chapter 11 bankruptcy following a $2.98 billion exit financing which paid the Houston-based company's creditors in full.

2017/04/12

Bonanza Creek's Reorganization Plan Receives Court Approval

Bonanza Creek Energy's reorganization plan has received court approval, paving the way for the Denver-based company to exit bankruptcy later this month.

2017/04/10

E&Ps, Lenders More Confident About Borrowing Bases, Survey Finds

Eagle Ford producer WildHorse Resource said April 5 that its borrowing base increased by $87.5 million, or about 24% compared to fall 2016.

2017/04/05

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