Oil

Mitsubishi signs with JBIC on Cutbank Ridge shale

Mitsubishi Corporation has signed a $650 million loan with the Japan Bank for International Cooperation to fund part of its expenditure commitments to the Cutbank Ridge shale gas

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Delek and Avner drawdown on Tamar debt

Delek Drilling and Avner Oil will each draw on $205 million of the $902 million eight-year facility that they signed in April to back development of the Tamar gas field.

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Spring Energy refinances exploration facility

Spring Energy has refinanced and increased its Nkr1.5 billion revolver ($252.9 million), to Nkr2 billion.

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