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News Stories (10 Results) - Oil Services

Lycos Energy entered into an amending agreement with the National Bank of Canada to increase its existing revolving credit facility from $35.0 million to $50.0 million. The credit facility provides added financial flexibility to support the Company's... Read Story
December 05, 2023, 06:00 AM

Alvarez & Marsal (A&M) issued its 2022 / 2023 Energy Compensation Report which analyzes executive and board of directors compensation arrangements at the largest US exploration & productions (E&P), oilfield services (OFS) and clean energy (Clean... Read Story
December 07, 2022, 07:27 AM

Great American Capital Partners, LLC (GACP), a B. Riley Financial company, announced it has acted as administrative agent for a $200 million senior secured term loan to BJ Services, LLC. The transaction will provide additional financial flexibility... Read Story
February 04, 2019, 07:22 AM

PNC Bank announced the closing of an $84 million senior secured facility for Innovex Downhole Solutions, Inc. (Innovex), where it also served as administrative agent. Headquartered in Houston, Texas, Innovex is a leading provider of innovative... Read Story
November 16, 2018, 07:26 AM

Wintrust Commercial Finance (WCF) announced the recent funding of approximately $24.2 million in debt financing for an Oklahoma-based oilfield services company. WCF will hold $7.5 million of the transaction and has successfully syndicated the... Read Story
November 08, 2018, 07:24 AM

PNC Bank, N.A., announced the closing of $33 million of senior secured credit facilities for Motley Services, LLC (Motley), a portfolio company of Irving, Texas-based District 5 Investments, L.P. Headquartered in Odessa, TX, Motley will use the funds... Read Story
April 24, 2018, 07:26 AM

Goodnight Midstream, LLC, an oilfield water midstream company, announced that the participants in its senior secured revolving credit facility, for which ABN AMRO Capital USA, LLC is the administrative agent, book runner and sole lead arranger, have... Read Story
November 02, 2017, 07:08 AM

The outlook for the global oilfield services and drilling sector (OFS) remains stable, Moody's Investors Service says in a new report. After two years of severe demand and price erosion, 2017 marks a turning point for revenues, earnings and cash... Read Story
September 05, 2017, 07:08 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