Brief: Panhandle Oil And Gas Announces Amendment To Credit Facility

PHX Minerals

25/06/2020 22:57

June 25 (Reuters) - Panhandle Oil and Gas Inc  PHX.N :
    * PANHANDLE OIL AND GAS INC. ANNOUNCES AMENDMENT TO CREDIT
FACILITY
    * PANHANDLE OIL AND GAS - ENTERED INTO AGREEMENT WITH BANK
OF
OKLAHOMA TO AMEND ITS REVOLVING CREDIT FACILITY
    * PANHANDLE OIL AND GAS INC - AMENDED FACILITY REDUCES CO'S
BORROWING BASE TO $32 MILLION EFFECTIVE JUNE 24, 2020
    * PANHANDLE OIL AND GAS - EXPECT TO CONTINUE TO APPLY ANY
FREE
CASH FLOW TO FURTHER REDUCE DEBT

Source text for Eikon:  ID:nPn3yWmFya 
Further company coverage:  PHX.N 

 ((Reuters.Briefs@thomsonreuters.com;))