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LRR Energy, L.P. Message Board

s55bonds 1 post  |  Last Activity: Feb 27, 2015 8:53 AM Member since: Jun 8, 2006
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  • s55bonds s55bonds Feb 27, 2015 8:53 AM Flag

    Its not as simple to decide not to pay there debt obligations when they clearly have the means to do so that will not put them in financial hardship. The ramifications for not paying there debt obligations will be nothing short of filing bankrupcy shortly after. Private equity will step in and cap there upside when oil and gas to go back up but they will keep paying what they owe and keep the lights on for many many years to come. This is how this all works when you have valuable assets like oil and gas.

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