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News Stories (12 Results) - Oil & Gas

Energy and petroleum bankruptcy filings have continued to dwindle over the summer; however pricing pressures could lead to renewed distress in the sector in the coming months, law firm Haynes & Boone reports. The pace of bankruptcy filings by North... Read Story

August 14, 2017, 08:00 AM

Kingfisher Midstream, LLC, a private gathering and processing midstream company, has entered into a $200 million senior secured revolving credit facility with ABN AMRO Capital USA, LLC as Administrative Agent, Book Runner and Lead Arranger. East West... Read Story

August 10, 2017, 07:07 AM

Amerisource Funding | Amerisource Business Capital announced the closing and funding of a $5 million asset based revolver for a repair and maintenance firm. Established in 2014, the Texas-based firm services the petrochemical industry, refineries... Read Story

August 01, 2017, 07:16 AM

Hornbeck Offshore Services, Inc. announced that the company has refinanced its existing $200 million senior secured revolving credit facility with a new first-lien delayed-draw credit facility providing for up to $300 million of term loans. The... Read Story

June 16, 2017, 07:06 AM

The number of North American oil and gas producers filing for bankruptcy has dropped significantly this quarter, with just nine producers seeking court protection, compared to 29 during the same period last year. That's according to a recently... Read Story

May 08, 2017, 07:18 AM

Pin Oak Terminals LLC announced that it has closed on a debt facility provided by co-lead arrangers Sumitomo Mitsui Banking Corporation (SMBC) and ING Capital LLC to complete construction of the current phase of contracted tanks at Pin Oak's site in... Read Story

April 21, 2017, 07:14 AM

ONEOK, Inc. announced a new $2.5 billion, five-year senior unsecured revolving credit facility, to replace the existing ONEOK and ONEOK Partners, L.P. credit facilities. The new facility will be available upon the completion of the previously... Read Story

April 19, 2017, 07:16 AM

Archrock Partners, L.P. , a provider of natural gas compression services, announced that the partnership has closed on a new five-year $1.1 billion asset-based revolving credit facility. The new credit facility will mature on March 30, 2022, except... Read Story

March 31, 2017, 07:16 AM

GulfMark Offshore, Inc. and GulfMark Americas, Inc., an indirect wholly-owned subsidiary of the company, entered into an agreement relating to the senior secured, revolving multicurrency credit facility among the borrower, the company, as guarantor... Read Story

March 20, 2017, 07:06 AM

Midstream provider Lucid Energy Group announced that the company has completed the refinancing and expansion of its two senior revolving credit facilities. The additional financing will be used to support Lucid’s growth strategies in the Midland and... Read Story

March 15, 2017, 07:36 AM

Resolute Energy Corporation closed on its amended and restated revolving credit facility, with an initial borrowing base of $150 million, an increase from the previous level of $105 million. In addition, the maturity date of the facility was extended... Read Story

February 24, 2017, 07:13 AM

The Pittsburgh Post-Gazette reported that about a month after Magnum Hunter Resources Corp. said it had hired advisers to help boost the struggling company’s financial position, the oil and gas producer warned that it may be heading toward bankruptcy... Read Story

November 13, 2015, 07:28 AM