Empire Petroleum Extends Revolving Credit Facility to 2028 Credit Facility Extension Supports Long-Term Strategy Tulsa-based Empire Petroleum Corporation has secured additional financial runway after executing a third amendment to its revolving credit facility with Equity Bank, extending the maturity date by two years. According to the company’s announcement and a filing with the U.S. Securities …
Tag: upstream energy
Oil and gas rig counts constant in Oklahoma plays
Cana Woodford leads all Oklahoma plays for drilling activity. The Cana Woodford remained Oklahoma’s most active play, accounting for 17 rigs, the highest total among the state’s producing regions. Other Oklahoma plays also showed no week-to-week changes: Granite Wash: 15 rigs Mississippian: 1 rig Ardmore Woodford: 4 rigs Arkoma Woodford: 2 rigs The consistency …