Tag Archives: finance

Debt Burdens Straining US Shale Industry

Posted on 2-29-16 by http://www.newsbase.com US shale drillers are under increasing pressure from unsustainable levels of debt, with two companies having recently missed debt repayments, writes Kevin Godier What: US shale players must find US$1.2 billion in interest payments by the end of March Why: The low oil price is making debt repayment increasingly difficult. […]

Read more