Tell Your Banker to buzz off!

摘要

It can be tough to get credit these days, especially if you're a natural gas producer. What are you going to do?One possibility is to do what Compton Petroleum did last spring. Primarily a gas producer, the company sold a five per cent royalty interest in 19,000 barrels of oil equivalent production per day, plus a five per cent interest in 600,000 undeveloped acres to Caledonian Royalty Corporation, a company founded and managed by oil and gas financier Jim Kinnear.