Energy Investing - GPOR enters grace period for bond interest payment due 10/15 - Energy Investing - InvestorVillage
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Msg  292970 of 306492  at  10/16/2020 10:18:25 AM  by

Ed Ajootian

The following message was updated on 10/16/2020 10:19:09 AM.

 In response to msg 292968 by  alertmeipp
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Re: GPOR enters grace period for bond interest payment due 10/15

  
 They now have very little room in their credit facility.  As of the end of June they had about $450M used, either drawn or due to LC's.  With the borrowing base down to $580M that doesn't leave too much, especially considering that they probably had to draw it down more last quarter due to the low natty prices that they got.
 


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Msg # Subject Author Recs Date Posted
292972 Re: GPOR enters grace period for bond interest payment due 10/15 alertmeipp 1 10/16/2020 10:27:23 AM








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