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Home : Jericho Oil Announces 20% Increase in Borrowing Base
Apr 26
2017

Jericho Oil Announces 20% Increase in Borrowing Base

TULSA, OK and VANCOUVER, BC --(Marketwired - April 25, 2017) - Jericho Oil Corporation ("Jericho") (TSX VENTURE: JCO) (OTC PINK: JROOF), today announced that the borrowing base under its joint Senior Secured Revolving Credit Facility (the "Facility") was increased to USD$12 million following East West Bancorp, Inc.'s ("East West") regularly scheduled semi-annual redetermination process. There were no other material changes to the terms of the credit facility resulting from this borrowing base redetermination.
Source:http://www.marketwired.com/mw/release.do?id=2211657&sourceType=3
 
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