Brief: Obsidian Energy Announces Update To Syndicated Credit Facility

Obsidian Energy

13/08/2019 11:58

Aug 13 (Reuters) - Obsidian Energy Ltd  OBE.TO :
    * OBSIDIAN ENERGY ANNOUNCES UPDATE TO ITS SYNDICATED CREDIT
FACILITY AND PEACE RIVER OIL PARTNERSHIP DISPOSITION
    * OBSIDIAN ENERGY LTD - REVOLVING PERIOD ENDS ON FEBRUARY
28, 2020
WITH REVOLVING PERIOD RECONFIRMATION DATES ON NOVEMBER 19, 2019
AND JANUARY 20, 2020
    * OBSIDIAN ENERGY LTD - TERM-OUT PERIOD IS EXTENDED TO
NOVEMBER
30, 2020.
    * OBSIDIAN ENERGY - AS PART OF PEACE RIVER OIL PARTNERSHIP
DISPOSITION, PARTNER WAIVED RIGHT TO EXERCISE RIGHT OF FIRST
REFUSAL & TAG ALONG PROVISIONS

Source text for Eikon:  ID:nCNW4ncrMa 
Further company coverage:  OBE.TO 

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