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Borrowing Base Cut
Exterran Corp.'s Credit Facility Reduced to $650MM; Down 7% from Prior
Kosmos Borrowing Base Cut by $130MM to $1.32B
Permian E&P Borrowing Base Cut -13%; Shoring Up Balance Sheet
Berry Corp. Borrowing Base Reduced to $200MM; Hedges Added
Panhandle's Credit Cut Over 50% to $32MM; Current Debt of $28MM
Talos Energy's Borrowing Base Cut 14% to $985MM
Amplify Energy's Borrowing Base Cut Nearly 40% by Lenders
Athabasca Credit Facility Cut 65% to $42 Million
Advantage Oil & Gas' Credit Line Cut by $50MM
Extraction Oil & Gas Borrowing Base Cut, Hires Advisors
Gulfport Energy Credit Facility Cut (41%)
Battalion's Lender Cuts Borrowing Base to $200 Million
Penn Virginia's Borrowing Base Cut 20%; Curtails Production, Halts All D&C Activity
SM Q1: $990MM Impairment Charge, Credit Line Slashed; Cuts 2020 Capex by 20%