CIT Group Inc.has arranged a $60 million senior secured credit facility for Independence Contract Drilling (ICD), a vertically integrated premium land drilling services provider, to build a fleet of fast moving land-based oil and gas programmable AC drilling rigs. 

Ernst & Young released its bi-annual oil and gas Global Capital Confidence Barometer on May 7. It highlights that nearly half (44%) of the 152 oil and gas company executives surveyed believe the global economic situation is improving, up from 27% in October 2012.

Nestled to the east of the jagged Rocky Mountains and the crowded population centers of the Front Range is Colorado’s Eastern Plains.

Ecopetrol SA, Colombia’s largest integrated oil and gas company, has closed a liability management transaction and a loan agreement, for COP$1.84 trillion, with seven Colombian banks.

Helmerich & Payne Inc. has agreed to sell four million shares of Atwood Oceanics Inc. (ATW). Following completion of the sales, the company's equity portfolio holdings will include four million ATW shares and 967,500 Schlumberger Limited (SLB) shares.

Resolute Energy Corp. (NYSE: REN) has priced its previously announced registered underwritten public offering of 13,250,000 shares of common stock offered by the company and 3,000,000 shares of common stock offered by certain selling stockholders. 

Dana Gas PJSC, a large independent oil and gas company in the UAE, has completed the restructuring of its US$1 billion Trust Certificates (sukuk al-mudarabah).

With three major deals in a month and a half, the Eagle Ford shale formation remains significant in the unconventional resources space.

Standard Chartered has appointed Peter Burnett as its Regional Head of Corporate Finance for North East Asia (NEA).