Strategic Merger with Enauta Boosts 3R Petroleum’s Credit Rating

Fitch Ratings recently upgraded 3R Petroleum’s credit rating from “B+” to “BB-“. The national rating improved from “A(bra)” to “AA-(bra)”. Fitch also removed the positive watch status, assigning a stable outlook. Several factors contributed to this upgrade. The merger with Enauta significantly enhanced 3R Petroleum’s operational scale and efficiency. This strategic move will yield substantial […]