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BRIEF-Petroshale says Q4 production increasing by 178 pct to 1,444 boe/d

Published 2016-04-15, 09:10 a/m
© Reuters.  BRIEF-Petroshale says Q4 production increasing by 178 pct to 1,444 boe/d

April 15 (Reuters) - Petroshale Inc
* Petroshale announces financial and operating results for
fourth quarter and year ended december 31, 2015 and continued
strong reserves growth
* Q4 production increasing by 178% to 1,444 boe/d
* Entered into an amended loan agreement with our
subordinated lenders
* Lenders agreed to provide an additional us$20.0 million of
capacity to subordinated loan facility
* Lenders agreed to extend maturity date of loan facility to
december 31, 2017

Source text for Eikon: ID:nMKWvHG82a
Further company coverage: PSH.V

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