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Thursday, October 16, 2008

Be advised that there was a closing price error yesterday which showed the mlp index at 206 and some change unch from the day before. Todays reference point for the open is around 195.
Posted by at

3 comments:

Anonymous said...

Well it looks like new Revolvers are being obtained by Energy related companies. Chesapeake has been one of the hardest hit, and perhaps less credit worthy than
many other energy companies.

HS

http://www.marketwatch.com/news/story/chesapeake-gets-up-750-mln/story.aspx?guid=%7B02020733%2DA5E9%2D48D6%2DB5B5%2DFC9E3D43F5E0%7D&dist=msr_3
-----------------------------
Chesapeake gets up to $750 mln in new revolving credit

By Wallace Witkowski
Last update: 10:51 a.m. EDT Oct. 16, 2008
SAN FRANCISCO (MarketWatch) -- Chesapeake Energy Corp. (CHK:Chesapeake Energy Corporation


Last: 16.55+0.21+1.29%

11:05am 10/16/2008


CHK 16.55, +0.21, +1.3%) said Thursday that it secured a new revolving bank credit facility that can be expanded up to $750 million. The new line will be used by Chesapeake Midstream Partners LP to partially fund natural gas drilling. Under the facility, Chesapeake will have initial availability of $460 million, but the facility can be expanded at Chesapeake's option.

10/16/2008 11:10 AM
Anonymous said...

So far today we haven't had more than a 400 point swing in the Dow.

Boring, boring.....

Bruce

10/16/2008 2:12 PM
joewxman said...

oh yes we did! Actually the range total was 800 points with an up finish!

glory

10/16/2008 4:27 PM

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