Xcite Energy extends the term of its existing Equity Line Facility agreement (Scandinavian Oil-Gas Magazine)

Xcite Energy extends the term of its existing Equity Line Facility agreement

Published Apr 15, 2014

Xcite Energy has extended the term of its existing Equity Line Facility agreement (ELF) with Esousa Holdings, LLC by three years until 30 July 2017.

The terms and conditions of the ELF remain unchanged, with an undrawn facility amount of £30.84 million, to be used, subject to the terms and conditions of the ELF, at the sole discretion of the Company.

Tags: Xcite Energy

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