Cequence Energy's senior credit facility has been cut to $9 million (down from $12 million) in as a result of the latest lender review.
The Company remains undrawn on its Senior Credit facility other than approximately $1.5 million in letters of credit.
Related Categories :
Borrowing Base Cut
More Borrowing Base Cut News
-
Exterran Corp.'s Credit Facility Reduced to $650MM; Down 7% from Prior
-
Kosmos Borrowing Base Cut by $130MM to $1.32B
-
Permian E&P Borrowing Base Cut -13%; Shoring Up Balance Sheet -
-
Berry Corp. Borrowing Base Reduced to $200MM; Hedges Added
-
Panhandle's Credit Cut Over 50% to $32MM; Current Debt of $28MM
Canada News >>>
-
Petrus Resources Ltd. First Quarter 2023 Results
-
Cardinal Energy Ltd. First Quarter 2023 Results
-
Headwater Exploration Inc. First Quarter 2023 Results -
-
Rubellite Energy Inc. First Quarter 2023 Results
-
Bonterra Eneergy Corporation First Quarter 2023 Results