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mining reserves based lending

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mining reserves based lending

Jun 09, 2015· Reserve-based lending, or RBL, is a standard term used inrelation to financing independent producers of oil and gas who are known as exploration and production (E&P) companies. An RBL loan is typically a secured loan collateralized by the borrower’s oil and gas reserves. Repayment of the RBL facility comes from proceeds derived from the production of hydrocarbons.

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