News
10 December 2021

PHX Minerals increases borrowing base, seals Caddo Parish deal

In:
Oil & gas
Region:
Americas

Oklahoma-based PHX Minerals has signed an agreement under which the borrowing base of the credit facility has been increased from $27.5 million to $32 million. The natural gas and oil mineral company also entered into purchase and sale agreements to acquire 426 total net royalty acres in Caddo...

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