June 29 (Reuters) - Spartan Energy Corp SPE.TO
* Spartan Energy Corp. announces two consolidating Southeast
Saskatchewan light oil acquisitions and bank line
redetermination
* Says two separate transactions for a total aggregate
purchase price of $71.7 million
* Acquisition will be funded through indebtedness drawn on
Spartan's existing credit facilities
* Syndicate of lenders underwriting company's credit
facilities have determined to renew Spartan's credit facilities
at $150 million
* Corning-Manor acquisition is accretive on key measures,
including 9% on forecasted 12 month cash flow, 25% on proved
producing reserves
* Next borrowing base redetermination is scheduled for
October 31, 2016
Source text for Eikon: ID:nMKWBBCdya
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