With the month only half over, the western chess game revolving around proposed liquefied natural gas (LNG) receiving terminal projects already has seen two proposals make advances in Oregon while one of the longest-standing projects in Long Beach, CA, dropped out of contention to build the first LNG facility on the U.S. West Coast.
Revolving
Articles from Revolving
S&P Lifts CreditWatch on Dynegy
Based on the successful completion of two revolving bank loans and a third bank loan for its communications operating lease, the credit ratings of Dynegy Inc. and its subsidiaries were removed from CreditWatch by Standard & Poor’s Ratings Services (S&P) on Wednesday.
April 17, 2003
Contango Expands Bank Credit Facility by $6.4 Million
Contango Oil & Gas Co. announced Thursday that the borrowing base on its existing secured revolving line of credit with Guaranty Bank FSB has been increased from $21.1 million to $27.5 million. The new borrowing base reduces by $670,000 per month beginning Jan. 1, 2003. The other terms of the credit facility remain unchanged.
December 27, 2002
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