Tag: credit

Range Resources closes sale of Marcellus shale asset

Range Resources closes sale of Marcellus shale asset

Range Resources sold working interest of 23% covering 10,900 net acres with net production of 22 Mmcf per day FORT WORTH, TX – Troubled oil and gas producer Range Resources Corporation¬†today announced that it has completed the sale of its Bradford County, Pennsylvania¬†non-operated assets. After purchase price adjustments based upon a Jan. 1st effective date, […]

Clayton Williams Energy announces borrowing base redetermination, covenants extension

Clayton Williams Energy announces borrowing base redetermination, covenants extension

Revolving credit facility at Sept. 30 totaled $298.1 million after allowing for outstanding advances, letters of credit MIDLAND, Texas – Clayton Williams Energy, Inc. today announced that it has completed the scheduled semiannual borrowing base redetermination of its revolving credit facility and has extended the temporary covenant amendments originally set for expiration in 2016. Effective […]

By November 12, 2015 0 Comments Read More →