It's not a case of debt v equity in relation to a single well....the debt will vastly accelerate the program, as they will be looking at additional wells, not just fast-tracking the June/July well. Provided they can manage the repayments, they'd be mad not to go down the debt route.
Ann: Debt Refinancing and Drilling Program Update, page-57
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)