PREM-BLEND-Colin Watson-NAPE-2-2016-20-30
Colin Watson, vice president of energy finance at the Bank of Texas in Dallas, discussed the current emphasis E&Ps have on maintaining liquidity in the current first-lien, low oil price environment. Companies sometimes are buying assets aggressively at cheaper values, but capital spending must remain within cash flow. Watson was interviewed at the recent NAPE Summit in Houston.
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