by Sam Thacker | Aug 28, 2017 | Blog, Construction Financing, Oil and Gas Production Financing, Oil Field Equipment Finance, Oilfield Services, Permian Basin TX
Our Long History in Oil and Gas Financing The history and folklore of American oil and gas production is closely related to the history of Midland-Odessa. From the first traditional oil wells drilled in the Permian Basin in the 1920, to the wildcat era of the... 
by Sam Thacker | Apr 24, 2017 | Best of Sam Thacker, Blog, Construction Financing, Government Contracts, Manufacturing, Oil and Gas Production Financing, Small Business Loans
Audited Financial Statements Benefit Middle-Market Companies Audited financial statements provide shareholders, investors and lenders of lower middle market and middle market companies the highest assurances of the financial strength of a business. They cost more than... 
by Francoise.Luca | Dec 14, 2016 | Blog, Oil and Gas Production Financing, Oilfield Services
Buy PDP Now! Proven Developed Production (PDP) is the hot item this month in the oil and gas exploration industry. For non-oil and gas folks, PDP simply means the oil, natural gas, or natural gas liquids are coming out of the ground right now and their immediate... 
by Sam Thacker | Dec 7, 2016 | Best of Sam Thacker, Blog, Eagle Ford Shale, Oil and Gas Production Financing, Oil Field Equipment Finance, Oilfield Services, Permian Basin TX
When OPEC met last on November 30, 2016, the cartel reached a tentative agreement to reduce crude oil production by 1.2 million barrels a day. The optimism generated by the hope of that agreement drove the price of oil from the mid $40s to above $50 a barrel. That 18%... 
by Sam Thacker | Aug 30, 2016 | Blog, Oil and Gas Production Financing
Equity and Debt Financing for Existing Oil and Gas Production – A Hot Topic! The question is: To use equity or debt or a combination of the two? This question has the potential to bring a couple of oil and gas people to a fist-a-cuffs. People are that...