Bronco Drilling Co. Inc., Oklahoma City, (Nasdaq: BRNC) has amended and restated its 4% credit facility due 2013 to $150 million. Fortis Bank is administrative agent, joint lead arranger and book-runner, Royal Bank of Scotland is joint lead arranger and co-syndication agent with Prudential Insurance Co., and The CIT Group/Business Credit, Caterpillar Financial Services, Natixis and Legacy Bank are syndicate agents.
Bronco chairman and chief executive Frank Harrison says, “We are very pleased to be able to put this facility in place during a very challenging time in the credit markets. This facility will provide the liquidity and flexibility to move forward with the company’s strategic goals.” SJP
Haynesville to Lead Gas Production Growth in 2023
2023-03-30 - Enverus expects the Haynesville to lead gas production growth in 2023 and then fall thereafter before growing again between 2025 and 2027, Bernadette Johnson, the firm’s general Manager, said at Hart Energy’s DUG Haynesville conference in Shreveport, Louisiana.
Southwestern’s Haynesville Chief on M&A, Gulf Coast Advantages and RSG [WATCH]
2023-03-30 - Andy Huggins, senior vice president of the Haynesville division at Southwestern Energy Co. discusses M&A, how the company’s Appalachia and Haynesville assets complement each other and efforts to certify its natural gas as responsibly sourced, particularly for utilities and end-users in Europe.
McDermott Wins Manatee FEED
2023-03-28 - The Trinidad and Tobago Manatee field is planned to start production in 2027.
Electrifying the Permian: BPX Energy Touts Emissions Reductions in the Basin
2023-03-28 - BPX Energy’s electrification efforts in the Permian Basin and the installation of centralized handling facilities are part of the operator’s roadmap to net zero emissions.
Norway Awards Nearly Four Dozen Offshore Permits
2023-01-10 - Equinor scooped up more than half the licenses awarded.