The Export-Import Bank of the United States has authorized a $2.95 billion direct loan to support US exports to the Australia Pacific liquefied natural gas (LNG) project. The transaction is Ex-Im’s second-largest single-project financing in history and is also the Bank’s first LNG project in Australia.

Dahlman Rose & Co., LLC announced today that its parent company has entered into a definitive agreement to sell an additional $10 million of equity to affiliates of Lovell Minnick Partners LLC, a private equity firm that specializes in the global financial services industry.

High oil prices continue to support stable credit quality for US exploration and production (E&P) companies this year, according to Standard & Poor’s.

MRC Global Inc. announced April 11 that it has priced its initial public offering of 22,727,273 shares of common stock at $21.00 per share.

Houston-based Apache Corp. priced $3 billion in aggregate principal amount of notes in a public offering to help fund its $2.85 billion purchase of Cordillera Energy Partners III LLC.

Houston-based Flotek Industries Inc. (NYSE: FTK) announced Dec. 28 that it has entered into a repurchase agreement with the holders of the company’s 5.25% senior secured convertible notes due in 2028.

Magnum Hunter Resources Corp. has seen its borrowing base under its $350 million Senior Bank Facilities, which consist of a $250 million Senior Revolving Credit Facility and a $100 million Term Loan Facility, increased by $32.5 million from $167.5 million to $200 million.

Chesapeake Energy Corp. has closed $1.25 billion of perpetual preferred shares of its wholly owned, unrestricted subsidiary, CHK Utica LLC.

Mediterranean O&G has entered into a short term secured loan with affiliates of certain of its substantial shareholders, namely affiliated investment funds of Och-Ziff Capital Management Group, for up to €3.5million.