On this episode of E2B, Managing Director David Morris discusses why oil and gas companies can expect to see reductions to their borrowing bases against the backdrop of commodity price uncertainty and the ongoing COVID-19 pandemic, and why lenders are reluctant to own assets should companies be in default of their loan obligations.

To learn more about our Restructuring solutions and capabilities, visit https://opportune.com/Practice-Areas/Restructuring/. For more podcasts from Opportune, visit: https://opportune.com/Energy-Sector-Insights-Events/Podcast/Path-Forward-Borrowing-Base-Redeterminations-In-A-Restructuring-World/.