Scandoil  

Bonterra Energy Corp. provides corporate update


Published Oct 30, 2015
Bonterra Energy Corp.

Bonterra Energy Corp. is pleased to provide a corporate update with regard to its credit facilities, maintaining its $0.15 monthly dividend per common share and its sustainability analysis during this period of continued low commodity prices.

Credit Facilities Maintained

The Company's lenders have completed their mid-year review and have agreed to maintain the credit facilities at the current $425 million. The loan is revolving to April 29, 2016 with a maturity date of April 30, 2017. As of September 30, 2015 the drawn amount of the banks' loan is $335 million. The Company's total debt including working capital and other debt is approximately $364 million.

Tags: Bonterra Energy Corp.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml