Quotes from the news wire:
Most of these clients are working with their banks way in advance of redeterminations, so it is compelling M&A, it is compelling asset sales, it is compelling discussions with private equity. But there is a lot of leverage, the most distressed clients know when they are going to be pinched... and are taking the steps to deal with it.
Found on Reuters 8 years ago
We are not waiting for the spring redetermination to discuss this with our clients.
Found on Reuters 8 years ago
Some borrowing bases may by go up. Some may go down by 50 percent.
Found on Reuters 8 years ago
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