Canada : ANDERSON ENERGY inks deal to sell 1560 BOED of production.
Nearly $18.75 million of the transactions is expected to to close before the end of October 2012 and the balance to close before the end of November 2012.
With the closure of the transactions, the Company's bank lines will step down to $70 million.
Pro forma the Transactions, outstanding bank loans at September 30, 2012 will be around $52 million.
2012 Al Bawaba (Albawaba.com)
Provided by Syndigate.info an Albawaba.com company
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|Article Type:||Brief article|
|Date:||Oct 23, 2012|
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