InvestorsHub Logo
Followers 5
Posts 1104
Boards Moderated 0
Alias Born 08/03/2017

Re: TDGreen post# 6413

Thursday, 03/11/2021 1:27:55 AM

Thursday, March 11, 2021 1:27:55 AM

Post# of 7223
TD. In all honesty, I don't know and would like more clarification on that. My guess is that the RBL will be a revolving line of credit always open and paid thru forward contracts. Dividends coming in from POGBV will pay off the remaining $141MM debt? If it's possible or likely, a revolving LOC should be easily attainable due to POGBV dividends, and incredible guidance from AOC regarding E&P proposals, experienced management, certainly with hedges set for lenders security, new partnerships, and the incredible cost of lifting oil out of the ground at $4.00+. This should be an incredible year for AOC.