Thursday, October 24, 2019

US shale oil companies struggle with taking out loans

Investors are reluctant to grant credits to US shale drillers and hence putting them into difficulties and sparking a wave of bankruptcies and mergers among smaller companies in the Permina Basin and other shale regions.

https://www.ft.com/content/187f8176-f4f4-11e9-b018-3ef8794b17c6 

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