RUBELLITE ENERGY INC. ANNOUNCES EXPANDED CREDIT FACILITY TO $60 MILLION
RUBELLITE ENERGY INC. ANNOUNCES EXPANDED CREDIT FACILITY TO $60 MILLION
CALGARY, AB, June 6, 2024 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite" or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to announce that the annual borrowing base redetermination of the Company's credit facility has been completed. The borrowing base has been increased to $60 million, until the next scheduled semi-annual borrowing base redetermination, an increase from $52.0 million and which was previously scheduled to reduce, by $5.0 million at the end of each quarter, to $40.0 million at December 31, 2024. Additionally, the applicable margin applied to borrowings under the credit facility will fall by 1.5%.
2024年6月6日, (TSX: RBY)加拿大卡爾加里–Rubellite能源公司(“Rubellite”或“公司”)是一家純粹從事克利爾沃特油田勘探和開發的公司,很高興宣佈公司的信貸額度的年度借款基礎確定已經完成。半年度借款基礎已增加到6000萬美元,直到下一次預定的半年度借款基礎重新確定,這是從5200萬美元增加的,原定於每個季度結束時減少500萬美元,到2024年12月31日減少至4000萬美元。此外,適用於信貸額度的相關差額將下降1.5%。
The initial term has been extended to May 31, 2025 and may be extended for a further twelve months to May 31, 2026 subject to lender approval. If not extended by May 31, 2025, all outstanding advances would be repayable on May 31, 2026. The next semi-annual borrowing base redetermination is scheduled on or before November 30, 2024.
最初條款已延長至2025年5月31日,並可延長十二個月至2026年5月31日,需獲得貸款方批准。如果不在2025年5月31日之前延長,所有未還墊款將在2026年5月31日償還。下一次半年度借款基礎重新確定將於2024年11月30日之前進行。
At March 31, 2024, Rubellite had bank borrowings of $37.1 million and outstanding letters of credit of $2.7 million.
2024年3月31日,Rubellite銀行貸款爲3710萬美元,未償還信用證爲270萬美元。
ABOUT RUBELLITE
關於Rubellite
Rubellite is a Canadian energy company engaged in the exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. Rubellite has a pure play Clearwater asset base and is pursuing a robust organic growth plan focused on superior corporate returns and funds flow generation while maintaining a conservative capital structure and prioritizing environmental, social and governance ("ESG") excellence. Additional information on Rubellite can be accessed at the Company's website at and on SEDAR+ at .
Rubellite是一家加拿大能源公司,從艾伯塔東部的Clearwater地層中進行重質原油的勘探、開發和生產,使用多橫向鑽探技術。Rubellite擁有純淨的Clearwater資產基礎,並正在追求一個強有力的有機增長計劃,專注於卓越的企業回報和資金流量產生,同時保持審慎的資本結構並優先考慮環境、社會和治理("ESG")卓越。更多有關Rubellite的信息可以在公司的網站上獲得。上的和SEDAR+ 的。.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.
多倫多證券交易所既未批准也未駁回本文中包含的信息。
SOURCE Rubellite Energy Inc.
消息來源:Rubellite能源公司。