Sidley Austin partner Daniel Allison’s recent commentary in Hart Energy titled “Debt Financing Returns to E&P Space,” discusses evolving funding sources and limited reserve-based loans.

“Oil and gas companies have seen debt financing return to the sector in the last few years. Although many traditional lenders have left the market, new funding sources have spurred upstream lending,” Mr. Allison writes. “These new sources of capital – including regional banks – have funded recapitalization and new development programs. These funding sources continue to evolve and present new opportunities and considerations, but some questions remain.”

Read the full article here.