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FINANCING O&G

01

FACTORING

02

EQUIPMENT LEASING

03

ASSET-BASED LENDING

04

PROJECT FINANCING

FINANCING STRUCTURES

BlackWell specializes in oil and gas industry accounts receivable financing and asset-based lending, including equipment leasing. BlackWell can factor your company’s outstanding invoices, provide capital to lease equipment and expansion capital so that you can focus your energy toward more positive things such as payroll and new contracts.

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A few benefits of factoring with BlackWell:

 

  • Competitive pricing that is usually 50% lower than competitors

  • No monthly minimums

  • No long-term contracts

  • Professional and comprehensive accounts receivable finance and asset-based lending, including credit reviews and collection assistance upon request

FINANCING CATEGORIES

Reserve-Based Lending

With this option:  

  • Debt facilities are raised against 1P (development) or 2P (producing) reserves;

  • Loan availability is driven by cover ratios and technical and price assumptions;

  • The flexible structure allows fields to be added or removed from the facility; and

  • The term is typically five to seven years.  

 

Pre-Export Finance 

With this option:  

  • Funding is raised against the forward sale of barrels to be produced in fields with an established production history.

  • Debt is repaid by direct sales receipts; and

  • The term is typically three to five years.  

 

Development Finance

With this option:  

  • Funding is raised for late-stage field development projects where suitable completion support and technical due diligence are available. 

 

Gas Project Finance

With this option:  

  • Typical project financing can be considered where a suitable long-term gas offtake contract is available.  

 

Revolving Credit Facilities

With this option:  

Corporate debt facilities are based on balance sheet strength and the underlying portfolio of oil and gas assets.

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