Nov 19 (Reuters) - Trilogy Energy Corp TET.TO :
* Announces the sale of certain duvernay assets for US$85 million and updates
capital expenditure guidance and borrowing base levels
* Trilogy's capital expenditure commitments are expected to be reduced by
approximately $15 million for Q4
* Trilogy's capital expenditure commitments are expected to be reduced by
approximately up to $75 million for 2016
* To swap 5.25 sections of duvernay undeveloped lands for equal number of
sections of duvernay rights for no additional consideration
* Trilogy reducing capital expenditure for 2015 to $85 mln,maintaining
remaining aspects of its previously disclosed public guidance
* On completion of sale, co's borrowing base will be reduced from $538 million
to $450 million
* Source text for Eikon urn:newsml:reuters.com:*:nCCNbppF83
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