Brief: Pine Cliff Energy says agreement to extend borrowing base redetermination date

Pine Cliff Energy

02/06/2016 01:39

June 1 (Reuters) - Pine Cliff Energy Ltd  PNE.TO : 
    * Entered agreement with company's syndicate of Canadian 
financial institutions to extend borrowing base redetermination 
date to June 30 
    * Says continues to consider various options to improve its 
balance sheet 
    * Entered agreement with company's syndicate of Canadian 
financial institutions to extend borrowing base redetermination 
date to June 30 
    * Says options include sale of non-core investments and 
assets, infrastructure options and financings 
 
Source text for Eikon:  ID:nCCNc3rSKn  
Further company coverage:  PNE.TO  
 
 ((Bengaluru Newsroom: +1-646-223-8780))