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CALGARY, ALBERTA--(Marketwire - May 27, 2011) - Galleon Energy Inc. ("Galleon") (TSX:GO) announces the renewal of its $250 million credit facilities. The credit facilities consist of a $225 million extendible 364 day revolving term facility and a $25 million non-revolving facility. The $25 million facility is available subject to mutual approval of the banking syndicate and the Corporation, including repayment terms. |
