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| Home : DXI Energy Lenders Extend C$6.5mm Loan Maturity Date to November 30, 2018 |
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Nov 19
2015 |
DXI Energy Lenders Extend C$6.5mm Loan Maturity Date to November 30, 2018 |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2015) - DXI Energy Inc. (NYSE MKT:DXI) (TSX:DXI) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced that it has extended the maturity date of the C$6.5 million bridge facilities due on December 31, 2015 to November 30, 2018. As previously reported, these funds were utilized to fund DXI's expenditures for the expansion of production, including costs incurred for the Mancos discovery well at the Kokopelli project, and were provided by companies associated with a principal and director of DXI. |
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| Source:http://www.marketwired.com/mw/release.do?id=2075243&sourceType=3 |
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