More than 80% of lenders and borrowers surveyed expected to see E&P companies' borrowing bases increase during the recent redetermination season, according to the "Spring Borrowing Base Redetermination Survey" conducted by Haynes and Boone LLP. The Dallas-based law firm received responses from 108 people: 33% were oil and gas lenders, 27% were borrowers and 27% were professional services providers.
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