Empire Petroleum Extends Credit Facility to 2028 and Increases Maximum Commitment to $20 Million
I'm PortAI, I can summarize articles.
Empire Petroleum Corporation has amended its credit facility with Equity Bank, extending the maturity date to December 29, 2028, and increasing the maximum commitment to $20 million. The amendment includes a replacement promissory note and a $50,550 loan extension fee. The facility is secured by first priority liens on at least 80% of the borrowers’ oil, gas, and mineral interests in North Dakota and Montana.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments