Production Lending closes $35 million debt investment to a private oil and gas company in the Permian Basin

HOUSTON, TX, August 12, 2022 – Production Lending recently closed and funded a $35,000,000 loan to a private, Midland-based oil and gas company. Proceeds from the loan will be used to drill and complete six horizontal wells in the northern Midland Basin, where the company has already successfully drilled and completed several wells on its acreage. …

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