“New Faces In Energy Lending Combine With Established Capital Markets Forces To keep Industry Buzzing” The American Oil & Gas Reporter.
The size, scope and importance of the oil and natural gas industry depend on many things working in synchronization, and major elements include man, machine, markets and money. That latter component–capital–is the lifeblood that turns ideas into industries, and in today’s hyperactive world it enables the energy industry to maintain its breakneck pace.
But like everything, money and finance change over time, and the turmoil in the credit markets that began late last summer in the home mortgage sector has altered the landscape for those who make their energy plays in the arena of high finance. While the number of energy lenders has been winnowed somewhat, there is still plenty of interest and activity. With both capital and bullish outlooks,
new capital providers as well as established players are proving plenty of opportunity exists.