Hawk Exploration amends bank credit facility (Scandinavian Oil-Gas Magazine)

Hawk Exploration amends bank credit facility

Published Dec 24, 2015

Hawk Exploration Ltd. Says that the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016.

The Corporation's amended credit facility now consists of a $7 million revolving demand facility and a $4 million term loan facility with repayment of the $4 million term loan facility required by May 31, 2016.

The $7 million revolving demand facility has an interim review date of January 29, 2016.

Tags: Hawk Exploration Ltd.

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