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Interest Rate news and technical articles from Oil & Gas Financial Journal. Search Interest Rate latest and archived news and articles
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The hedger's menu
… forward prices are all $100. Crude prices are expected to have an annualized volatility of 30% going forward. The interest rate is 0. Under this scenario, each of the three instruments above would theoretically trade at $100. The problem with …
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Industry Briefs
… maximum of $50 million for development/acquisition expenses. Tranche A holds a current interest rate of 3.25% above LIBOR; Tranche B's interest rate is 7.5% plus LIBOR. DA Davidson & Co. acquires McGladrey Capital Markets D.A. Davidson …
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Voyager to use new credit facility to pay debt, accelerate Williston Basin activities
… maximum of $50 million for development/acquisition expenses. Tranche A holds a current interest rate of 3.25% above LIBOR; Tranche B’s interest rate is 7.5% plus LIBOR. Analysts at Global Hunter Securities say the deal “demonstrates …
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Industry Briefs
… Production in 2012 is expected to grow by 12% to 160 bcfe in 2012. Javelin, CME execute and clear $4.1B of interest rate swaps in real time Javelin Capital Markets, a swaps trading platform, and the CME, a swaps clearing house, have …
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Magnum Hunter Resources sees expanded senior bank credit facility
… company additional financial support to fund its remaining 2011 and upcoming 2012 capital programs. The applicable interest rate margin of the Bank Facility will range from LIBOR plus 2.25% to LIBOR plus 3.25%, depending on the amount drawn …
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Magnum Hunter gains expanded senior bank credit facility
… these sales provides the company further financial support to fund its 2012 upstream capital program. The applicable interest rate margin of the senior revolving credit facility ranges from LIBOR plus 2.25% to LIBOR plus 3.25%, depending on …
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DJ Basin focused Synergy Resources receives $15M revolving line of credit
… bear interest at the Prime Rate, subject to a floor of 3.25%, which is a 200 basis point improvement over the interest rate on the old line. Interest is payable monthly. The new borrowing arrangement has a maturity date of November 30 …
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S&P says Obama's call for a national infrastructure bank has wide support
… lend to infrastructure projects and project revenues would repay the debt. With the ability to issue loans with an interest rate tied to the US Treasury rate, the lower cost could reduce the project's overall borrowing costs and attract additional …
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Evolution in energy trading highlights need for improved risk management skills
… management could be further along in its development, he said, nearer to the sophistication of foreign exchange and interest rate trading risk management practices. Part of the reason is a lack of understanding of the physical energy market. The …
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Industry briefs
… company's existing proved reserve base which includes reserves growth from recent acquisitions of NGAS and NuLoch. The interest rate margin will range from LIBOR plus 2.50% to LIBOR plus 3.50%, depending on the amount drawn. As of June 30 …