Production Lending for Small Oil Companies USA

This listing represents a private funding source offering production lending services specifically tailored for small oil companies in the USA. The service provides flexible lines of credit for acquisition and development projects, aiming to help companies grow without selling equity. Key investment criteria focus on asset quality and management team experience, requiring assets with existing production, low-risk workovers, and achievable development plans. Borrowers must provide project overviews, financial statements (First Purchaser, Lease Operating Statements), historical production data, and projections. The lending process is designed to be simple and quick, with funding and closing typically occurring within 2-4 weeks. Notably, no personal guarantees or board seats are required from borrowers. The maximum loan amount is available on request, with loan sizes available up to $25 million.