Capital Markets | Credit Facility Change
Parsley's Borrowing Base Reaffirmed at $2.7B; Extended Maturity
Email
Print 
Bookmark
Parsley Energy Inc. has reported it reeaffirmed its borrowing base at $2.7 billion, while increasing its elected commitment to $1.075 from $1 billion and extending the maturity date by two years from October 2021 to October 2023.
"These liquidity enhancing measures are another example of the proactive steps Parsley has taken to weather the COVID-19-driven downturn," CFO Ryan Dalton says.
Related Categories :
Redetermination/Borrowing base
More Redetermination/Borrowing base News
-
Earthstone Energy's Credit Line Increased 21% to $1.7B
-
Silverbow's Borrowing Base Increased 48% to $775 Million
-
Amplify Energy's Borrowing Base Reaffirmed at $225MM
-
Northern Oil's Borrowing Base Raised Over 50% to $1.3 Billion
-
Earthstone's Credit Line Increased 6% to $1.4 Billion
Permian News >>>
-
Crescent Energy Said to be in Advance Talks to Acquire Pure Play Permian, Vital Energy -
-
SM Energy Hits Record Output; Driven by Uinta
-
The Permian Play: How ExxonMobil Is Rewriting the Shale Narrative -
-
Large Cap E&P To Reduce Drilling & Completion Activity in 2026 -
-
$2.4B Deal Gives MPLX Sour Gas Edge in Permian -
Permian - Delaware Basin News >>>
-
Liberty Energy: Navigating the Frac Downturn with Efficiency, Innovation, and Strategic Focus -
-
Baker Hughes Solid Y/Y Performance Amidst US Frac Market Slowdown -
-
Halliburton Warns of Deepening U.S. Frac Slowdown -
-
Oilfield Service Report : 13 New Leads/Company Formation & Contacts YTD
-
PE Firm Seeds Four New E&P Startups in Strategic Push In 2025 -
