October 26, 2015 – OilPrice.com
Banks Give A Stay Of Execution On Oil And Gas Sector
By Dave Forest
There have been a lot of observers (including myself) worried lately about debt in the oil patch, with suspicions running high that lower oil prices will mean cuts to bank lines -- and possible bankruptcies for some cash-strapped producers.
But a study released late last week by industry insiders shows petro-finances are doing much better than expected.
As reported by RBN Energy, cuts to E&P banklines...