Финансовая перестройка.

Как только сниженные цены на нефть начали негативно сказываться на нефтедобывающих компаниях наружу полезли факты высокой закредитованности нефтянников - "Smaller oilsands players like Connacher Oil and Gas Ltd feeling the pinch of falling prices"

CALGARY – Low oil prices and tight capital markets are making it difficult for oilsands producer Connacher Oil and Gas Ltd. to survive, as analysts say the struggling bitumen player won’t make enough money to cover its debt payments next year.

On Monday, heavily indebted Connacher became the latest in a line of smaller oilsands companies to launch a review of its costs, capital and liquidity options in recent months.

“It is unclear how the company would attain required financing given the company’s financial issues and current market conditions,” Mr. Friesen wrote.

Similarly, Mr. Chair said that Connacher doesn’t have a lot of liquidity options left — aside from selling its core oil sands assets or swapping its debt for equity. The company has previously sold off its stake in a Montana refinery and its conventional oil and gas business to develop its oil sands projects, Mr. Chair said.

Когда говорят про перераспределение рисков - обычно имеют ввиду такие вот случаи - всегда ведь хорошо, когда можно достать деньги из "запасного кармана". Если он есть, конечно же.