marcellusdrilling.com
Southwestern Floats $1.1B of New Stock, Offers to Buy Back IOUs | Marcellus Drilling News
Earlier this week MDN told you that Southwestern Energy, a major Marcellus/Utica driller, has cut deals with its banks and debholders to extend out the due date on loans coming due (see Southwestern Energy Buys More Time with Banks, Debtholders). Southwestern continues to aggressively manage its money and balance sheet. Yesterday the company announced it