US independents explore ways to finance drilling projects

12/03/2001
US independents are finding it tough going seeking outside financing in the wake of lower oil and gas prices and slimmer cash flows.That contrasts with the situation a year ago, when high oil and gas prices enabled exploration and production companies to fund their projects mainly from internal cash flow.The basic forms of available capital have held steady over the years, but a producer's profile of capital providers can change with commodity cycle shifts. Financing options include bank debt, industry partnering, mezzanine and project finance, and private or public equity. Click here to enlarge imageThe cost of the financing varies with the amount of risk being taken by the capital ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected