oil & gas assets
You have accessed this news story:

IC - Australia & Oceania Briefs - May 01, 2019

Feed Icon
Samson Oil & Gas Ltd.’s US subsidiary closed a $33.5 million refinancing with AEP/FINCO LLC, the credit arm of Anvil Energy Partners. Interest on the fiveyear facility is payable at LIBOR plus 1050 bps. In connection with the facility, Samson entered into swap arrangements covering 770,000 bo, fixing its price at $55.45/bbl weighted average. This volume represents about 85% of Samson’s currently expected PDP reserves. New borrowings will retire existing credit, repay creditors and provide working capital for an infill development drilling program. IPB Petroleum Ltd.......
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed

Sign up for PLS Reports
& Web Access!

Already subscribed to Reports?
Sign up for Web Access!
Search For More News