Latshaw Drilling gets $41 million credit facility via WhiteHawk

By Marisa Wong

Los Angeles, Oct. 4 – Latshaw Drilling Co., LLC entered into an agreement with WhiteHawk Capital Partners, LP for a $41 million asset-based credit facility, according to a press release.

Proceeds from the facility support a refinancing of Latshaw’s debt. Latshaw recently finalized an out-of-court restructuring.

Oppenheimer & Co. Inc. was financial advisor to Latshaw on the new term loan financing and the broader restructuring arrangement.

Latshaw is a Tulsa, Okla.-based driller of oil and natural gas wells.

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