Petro-Reef Resources receives Expanded Credit Facility
Petro-Reef Resources Ltd. (TSX VENTURE:PER) today announced that the company has increased its credit facility to a $14.5mm revolving demand credit and a $3.0mm non-revolving demand acquisition / development credit facility with the National Bank of Canada.
The press release is quoted as saying:
Petro-Reef Resources Ltd. is a Calgary-based junior oil and gas company focused on petroleum and natural gas lease acquisition and exploration, and development of crude oil and natural gas properties in Alberta, Canada.