Brief: Otto Energy Says Co, Macquarie Agreed To Amendment Of Three Year Credit Facility
23/08/2021 09:14
Aug 23 (Reuters) - Otto Energy Ltd OEL.AX :
* CO, MACQUARIE AGREED TO AMENDMENT OF THREE YEAR CREDIT
FACILITY
ESTABLISHED IN NOVEMBER 2019
* AMENDMENT REMOVES ALL TIMING AND PRODUCTION REQUIREMENTS
ASSOCIATED WITH BULLEIT WELL AT GREEN CANYON 21
* AMENDMENT ALSO EXTENDS MINIMUM GROUP QUARTERLY PRODUCTION
RATE
AVERAGE OF 1,900 BOEPD UNTIL 31 DECEMBER 2021
Source text for Eikon: ID:nASX9S4jRN
Further company coverage: OEL.AX
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