News
05 May 2021

Contango seals expansion of senior credit facility

In:
Oil & gas
Region:
Americas

US-based Contango Oil & Gas Company has amended and expanded its senior credit facility led by JPMorgan Chase Bank, under which the borrowing base has been increased from $120 million to $250 million.The amendment also includes the reinstatement of the current ratio test of a minimum of 1.0:1.0...

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