Arsenal Increases Credit Facility To $85MM
January 17, 2013
Arsenal Energy Inc. (OTC: AEYIF) has increased its credit facility from $75 to $85 million effective immediately.
The increase comes as a result of reserve additions and production increases from its 2012 drilling activity. The company's next review date is scheduled for May 31.
Arsenal Energy Inc. is an energy E&P company based in Calgary with producing properties in Canada and the US. ...
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