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SPECIAL REPORT: US independents explore ample financing options
12/10/2007
Robust oil and gas prices have contributed to an abundance of capital readily available to the oil and gas industry through the public equity market, the private equity market, and bank financing. An independent producer must negotiate a maze of financing options.John Schaeffer, managing director and head of oil and gas investing at GE Energy Financial Services, sees “a plethora” of financing choices for small oil and gas companies.“There have never been more options for the small producer to get financing, and it’s never been more confusing,” Schaeffer said. He believes independents now have the most financing options available since 1975 when he entered the...
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