Samson and Mutual of Omaha Bank Extend Term Loan

According to a media release, this agreement remains subject to receipt and review of documentation by Samson and Mutual of Omaha Bank. Proved Undeveloped Drilling Program The extension of debt maturity is a commercial development, because it allows Samson to now take the opportunity to develop the...

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Bibliographic Details
Published inManufacturing Close - Up
Format Newsletter
LanguageEnglish
Published Jacksonville Close-Up Media, Inc 29.06.2017
Subjects
Drilling
Interest rates
Prime rate
Studies
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Summary:According to a media release, this agreement remains subject to receipt and review of documentation by Samson and Mutual of Omaha Bank. Proved Undeveloped Drilling Program The extension of debt maturity is a commercial development, because it allows Samson to now take the opportunity to develop the considerable undeveloped value associated with the Foreman Butte project. Since taking over operatorship of the project in June 2016, Samson has quadrupled the developed production rate and has...