Gulfport Energy Corp. (GPOR) has increased its borrowing base to $700 million from $575 million, according to a Sept. 18 filing with the Securities Exchange Commission (SEC).
The Oklahoma City company has also added an investments basket with a $100 million limitation for investments in joint ventures formed to own and operate midstream assets.
Additionally, the company has revised the provisions that limit its ability to enter into swap contracts.
The administrative agent of its secured revolving credit facility is The Bank of Nova Scotia.
Recommended Reading
Talos Energy Expands Leadership Team After $1.29B QuarterNorth Deal
2024-04-25 - Talos Energy President and CEO Tim Duncan said the company has expanded its leadership team as the company integrates its QuarterNorth Energy acquisition.
Energy Transfer Ups Quarterly Cash Distribution
2024-04-25 - Energy Transfer will increase its dividend by about 3%.
ProPetro Ups Share Repurchases by $100MM
2024-04-25 - ProPetro Holding Corp. is increasing its share repurchase program to a total of $200 million of common shares.
Baker Hughes Hikes Quarterly Dividend
2024-04-25 - Baker Hughes Co. increased its quarterly dividend by 11% year-over-year.
Atlas Energy Solutions Declares Dividend
2024-02-09 - Atlas Energy’s dividend represents a 5% increase from the previous quarter’s dividend.