Quote from: TDoS on Dec 27, 2025, 06:35 AMMaybe. Financing is as much a part of O&G development as anything, but as I mentioned before, O&G companies don't usually have problems with credit when they've got liquid and gaseous gold flowing out of the ground. Credit is nearly a given within the process. Harder to get in low prices maybe, but even in low prices if you can demonstrate the IRR to people with brains and money, it will be there.
Bankers tend to be reluctant to loan for drilling and exploration when the oil is selling for $58/bbl and it costs $80/bbl to get it to market. Particularly when an oversupply is predicted for the next decade and most OECD countries are in recession and in debt up to their eyeballs.
RE