MARKETS

Jadestone gets US$200M RBL approval

INDEPENDENT oil and gas producer Jadestone Energy has concluded the bi-annual redetermination process for its reserve-based lending (RBL) facility.

Yiying Li

Jadestone.jpg

Over the next six months, the company's borrowing capacity will be up to US$200 million from previously forecasted US$190 million. For the subsequent 6-month period, the oil producer will be allowed...

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