Jan 18 (Reuters) - Great Prairie Energy Services Inc GPE.V :
* Provides update on non-brokered private placement and default under bank
facility
* Great prairie energy - unable to complete its non-brokered private placement
of common shares of the company at a price of $0.03 per common share
* Offering could not be completed due to prevailing negative market conditions
resulting from declining commodity prices
* Continues to discuss possible outcomes with bank, which may include the sale
of the company or its assets
* Source text for Eikon ID:nCCN1gdHHH
* Further company coverage GPE.V