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Commercial Loans Oil & Gas

Opportune LLP

Industry Wary Of Next Round Of Borrowing Base Reductions

Opportune LLP on

Haynes and Boone recently released its fall Borrowing Base Redeterminations Survey. Since 2015, the firm has conducted the survey twice annually to ask executives at banks, producing companies, private equity sponsors,...more

Opportune LLP

Key Themes Gleaned From Recent Oil & Gas Bankruptcy Exit Financings, Lender Requirements

Opportune LLP on

As upstream oil and gas companies emerge from Chapter 11 bankruptcies, they’ll need to be mindful of exit credit facility terms and requirements that may reflect a shift from their prior experience and will likely affect...more

Holland & Knight LLP

When Cash is King: Can a Reserve-Based Lender Block Borrower Cash Hoarding?

Holland & Knight LLP on

Weakened demand for oil coupled with the coronavirus outbreak and Saudi Arabia's and Russia's crude production disagreement have caused steep declines in the oil markets. These price pressures have placed considerable stress...more

Holland & Knight LLP

Venezuela Update: November 19, 2019

Holland & Knight LLP on

The U.S. Department of the Treasury on Oct. 21, 2019, renewed for three months a license granted to several U.S. oil companies so that they may continue operating in the country until Jan. 22, 2020. Chevron is the only...more

Gray Reed

A New Day for Louisiana Oil and Gas Lenders?

Gray Reed on

Lenders to Louisiana operators are likely to be reconsidering their business practices in light of Gloria’s Ranch v. Tauren et al. A rather ordinary lease termination suit resulted in the lender Wells Fargo being...more

Kramer Levin Naftalis & Frankel LLP

SNC Review Results: Non-Pass Originations at De Minimis Levels, but Oil and Gas Loans and Incremental Facilities Raise Concerns...

On Aug. 2, 2017, the Board of Governors of the Federal Reserve System (the Federal Reserve), the Federal Deposit Insurance Corporation (the FDIC) and the Office of the Comptroller of the Currency (the OCC, and together with...more

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