Marine Link
Wednesday, December 11, 2024

Upstream O&G Companies Face Interest Payments Friday

Maritime Activity Reports, Inc.

April 13, 2016

At least 10 upstream oil and gas companies, cramped for cash in the oil downturn, must make coupon payments Friday, April 15, according to Thomson Reuters data.
 
Among them are oil and gas giant Chesapeake Energy Corp , which completed a debt swap last year, and Linn Energy LLC. Linn skipped interest payments due last month.


 
(Reporting by Jessica DiNapoli; Editing by Phil Berlowitz)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week