Cardinal Energy extends revolving period of credit facility to Oct. 30

By Wendy Van Sickle

Columbus, Ohio, Sept. 30 – Cardinal Energy Ltd. received approval to extend the revolving period of its existing reserves-based credit facility by a month to Oct. 30, according to a news release.

The credit facility will continue to be available on a revolving basis until that date.

The date for the redetermination of the borrowing base has also been extended to Oct. 30.

Calgary, Alta.-based Cardinal Energy is an oil-focused company with operations in Alberta.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.