Flush with profit from surging natural gas prices and a stockrise across the board this year of about 85%, North Americanindependents still appear to be in no rush to secure financing formore exploration and production activities. And unless you’ve gotequity or a strong balance sheet, lenders still may be wary beforejumping into any financing deals.
Surging
Articles from Surging
Gas-Fired Power on the Rise in Florida
Florida’s electric utilities plan to add more than 10,580 MW ofnew generating capacity between now and 2007 to meet surgingdemand, the Florida Reliability Coordinating Council told thestate’s Public Service Commission.
July 29, 1998
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