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| Home : Celtic Reports an Increase in Its Bank Credit Facility |
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Apr 28
2012 |
Celtic Reports an Increase in Its Bank Credit Facility |
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CALGARY, ALBERTA--(Marketwire - April 27, 2012) - Celtic Exploration Ltd.'s (TSX:CLT) ("Celtic" or the "Company") banking syndicate, led by National Bank of Canada, has increased the amount of the Company's credit facilities to $335.0 million, up from the previous amount of $275.0 million. In the current environment of low natural gas prices, the increase provides Celtic with significant financial flexibility to execute its 2012 and 2013 capital expenditure programs. |
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| Source:http://www.marketwire.com/mw/release.do?id=1649822&sourceType=3 |
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