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BRIEF-Twin Butte Energy says total credit facilities amended to $225 million

Published 2016-01-15, 05:36 p/m
© Reuters.  BRIEF-Twin Butte Energy says total credit facilities amended to $225 million
TBE
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Jan 15 (Reuters) - Twin Butte Energy Ltd TBE.TO :
* Announces amendments to bank credit facilities and provides operational
update
* Says total credit facilities have been amended to $225 million
* Says currently expects to update stakeholders on progress of the strategic
alternatives process late in Q1 2016
* At current spot, strip oil prices, cash flow to be below the level of capital
expenditures required to maintain production in 2016

* Source text for Eikon ID:nCNW8r8jLa

* Further company coverage TBE.TO

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