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EPL Oil & Gas, Inc. Message Board

  • lagrandpro lagrandpro Feb 12, 2014 3:11 PM Flag

    Bond upgrade

    "Solid operational execution and drilling success since the transformational acquisition in late 2012 have added visibility and longevity to EPL's production platform," said Sajjad Alam, Moody's Analyst. "Benefitting from higher production volumes relative to 2013 levels, EPL should be able to fully fund its drilling program and plugging and abandonment (P&A) expenditures with internally generated cash flow and maintain good liquidity in 2014."