financetom
Business
financetom
/
Business
/
Epsilon Energy's Borrowing Base at $45 Million in Senior Secured Revolving Credit Facility
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Epsilon Energy's Borrowing Base at $45 Million in Senior Secured Revolving Credit Facility
Jun 25, 2024 3:04 PM

05:34 PM EDT, 06/25/2024 (MT Newswires) -- Epsilon Energy ( EPSN ) said late Tuesday it can now borrow up to $45 million from its senior secured reserve-based revolving credit facility with Frost Bank.

The new borrowing base includes recently acquired and developed properties in Ector County, Texas, and will remain until the next redetermination in Q4, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Strategy Announces Proposed Initial Public Offering of € Denominated STRE Stock
Strategy Announces Proposed Initial Public Offering of € Denominated STRE Stock
Nov 3, 2025
TYSONS CORNER, Va.--(BUSINESS WIRE)-- Strategy Inc ( MSTR ) today announced that, subject to market and other conditions, it intends to conduct an initial public offering registered under the Securities Act of 1933, as amended (the “Securities Act”), of 3,500,000 shares of Strategy’s 10.00% Series A Perpetual Stream Preferred Stock (the “STRE Stock”). Strategy intends to use the net proceeds...
Mitsubishi Electric Completes Sale of Insurance Subsidiary Shares to Marsh Japan
Mitsubishi Electric Completes Sale of Insurance Subsidiary Shares to Marsh Japan
Nov 3, 2025
TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation ( MIELF ) announced today that it has completed the sale of all shares of its subsidiary Mitsubishi Electric Insurance Service Co., Ltd. to Marsh Japan, Inc., as initially announced on July 28. Effective immediately, the former Mitsubishi Electric Insurance Service has become a wholly owned subsidiary of Marsh Japan and has been renamed MEIS...
Hugo Boss expects sales, profit at low end of guidance
Hugo Boss expects sales, profit at low end of guidance
Nov 3, 2025
(Reuters) -German fashion group Hugo Boss on Tuesday said sales and operating profit in the current year would be at the lower end of its guidance and reported lower-than-expected third quarter sales. The group's sales fell 4% to 989 million euros ($1.15 billion) in the third quarter, hit by a weaker U.S. dollar. That was below analysts' forecast of 1.01...
Norway wealth fund to vote no on Musk $1 trillion Tesla pay package
Norway wealth fund to vote no on Musk $1 trillion Tesla pay package
Nov 3, 2025
OSLO, Nov 4 (Reuters) - Norway's sovereign wealth fund, the world's largest, said on Tuesday it would vote against ratifying Tesla CEO Elon Musk's proposed compensation package, containing shares worth up to $1 trillion, at an annual general meeting this week. Investors in the electric-vehicle maker will decide on November 6 whether to approve the package, likely the largest-ever CEO...
Copyright 2023-2026 - www.financetom.com All Rights Reserved