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Capital Programs
Capital Programs news and technical articles from Oil & Gas Financial Journal. Search Capital Programs latest and archived news and articles
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Magnum Hunter Resources sees expanded senior bank credit facility
… support to fund its remaining 2011 and upcoming 2012 capital programs . The applicable interest rate margin of the Bank Facility ..... provides additional liquidity to fund our budgeted capital programs in 2011 and 2012. As previously stated, the company …
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Tullow gains another $350M for debt funding
… reserve based lend debt arrangements, providing additional funding capacity and flexibility for the Group's future capital programs . The company has operations in Europe, Africa, South Asia, and South America. Source: Tullow Oil plc
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Technical and operational expertise makes for a simple, effective strategy
… these leases they’ve paid up for, or they’re going to have to sell conventional assets in order to fund the capital programs on these unconventional leases. We think next year will be a nice buyers market for conventional properties. Unconventional …
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Going to market
… companies with less growth and resource play exposure. In many instances, higher commodity prices drove accelerated capital programs in resource plays in 2008. But following the third quarter’s sharp commodity and energy stock price declines and …
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Range Resources divests $330M non-core Ohio assets
… negotiated production thresholds are achieved in the future. Proceeds are expected to help execute the company's capital programs in the Marcellus Shale and in the East Texas Bossier play. Coal producer, private driller form Marcellus joint …
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Report: Global upstream spending growth by 2011, but caution prevails
… Energy Research for Wood Mackenzie explains: “In some regions, operators are planning slightly more ambitious capital programs than in 2009, reassured by the oil price remaining at around US$70/bbl, and ready to exploit significant …
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Tullow clinches $250M in new debt funding
… reserve based lend debt arrangements, providing additional funding capacity and flexibility for the group's future capital programs . The company has operations in Europe, Africa, South Asia, and South America.
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Oil commodities outperform oil stocks in 2004
… four million b/d during the last decade- in former Soviet Union countries. • The major oil companies’ small capital programs since 1998-99 when virtually every oil company slashed spending 30 to 50 percent. • Political instability in …
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Industry Briefs
… proceeds will be used to repay a portion of Maverick’s outstanding debentures, and the remainder will be used for capital programs and working capital. This sale was required as part of the company’s earlier financings. Maverick Oil and Gas …
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Oil and gas prices and property deal flow: how they're related
… opportunities. This can result from a lack of acreage, of development projects, or of manpower to design and manage capital programs . True confidence may be returning to the upstream business. Commodity prices have been high and relatively stable …