June 1 (Reuters) - Pine Cliff Energy Ltd PNE.TO :
* PROVIDES CREDIT FACILITY UPDATE
* PINE CLIFF ENERGY - ENTERED AGREEMENT WITH LENDERS TO EXTEND BORROWING BASE REDETERMINATION DATE OF CO'S $45.0 MILLION SYNDICATED CREDIT FACILITY TO JULY 15, 2018
* UNTIL JULY 15, 2018 PINE CLIFF AND LENDERS HAVE AGREED THAT AMOUNTS PERMITTED UNDER CREDIT FACILITY WILL NOT EXCEED $20.0 MILLION.
* AT MAY 31, 2018, PINE CLIFF HAS $12.2 MILLION DRAWN PURSUANT TO CREDIT FACILITY