Trilogy Energy renews C$300 million revolver, extends by one year

By Tali Rackner

Minneapolis, May 1 – Trilogy Energy Corp. completed the review of its revolving credit facility, extending it by one year to April 2019 and redetermining the borrowing base at C$300 million, according to a press release.

The revolver will be decreased to C$290 million following the sale of certain assets in the Grande Prairie, Alta., area.

Trilogy is a petroleum and natural gas energy corporation based in Calgary, Alta.

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