Dec 17 (Reuters) - Cequence Energy Ltd CQE.TO :
* CEQUENCE ENERGY ANNOUNCES CONFIRMATION OF ITS CREDIT FACILITY BORROWING BASE, THE PURCHASE OF ITS $60 MILLION TERM LOAN AND PROVIDES OPERATIONAL UPDATE
* CEQUENCE ENERGY - OTHER THAN OUTSTANDING LETTERS OF CREDIT OF ABOUT $1.5 MILLION, HAS NO AMOUNTS DRAWN UNDER FACILITY