• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

Contact Exploration Announces Filing of Third Quarter Results and Increased Credit Facilities

February 28, 20138:04 PM BOE Report Staff

Contact ExplorationCALGARY, ALBERTA–(Marketwire – Feb. 28, 2013) –

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Contact Exploration Inc. (TSX VENTURE:CEX) announces that it has filed its unaudited Condensed Interim Consolidated Financial Statements for the three and nine month periods ended December 31, 2012 and the related Management’s Discussion and Analysis on www.sedar.com.

Increased Credit Facilities

Based on a recent production review, Contact’s financial institution, Canadian Western Bank, has increased the Credit Facilities being offered to the Company to a $3 million credit facility and a non-revolving acquisition or development loan of $1.5 million effective March 1, 2013. This represents a $1 million increase on the main credit facility and $500,000 increase to the acquisition or development loan which the Company previously had in place. The remainder of the terms and conditions remain consistent with previous agreements and both facilities remain undrawn.

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta’s liquids-rich Montney Formation tight gas play. For more information, please see the Company’s website: www.contactexp.com.

Contact:

Contact Exploration Inc.
Steve Harding
President and CEO
(403) 695-3915
(403) 234-8663
sharding@contactexp.com
www.contactexp.com

Contact Exploration

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • PSAC statement on Alberta Budget 2021
  • Oil prices drop amid U.S. dollar strength, expectations for supply gains
  • BRITT Land & Engagement rebrands to BRITT RADIUS: elevating BRITT’s legacy
  • Texas deep freeze shows need for natural gas
  • You’re invited to attend CAODC’s AGM & Virtual Town Hall with Alberta Premier Jason Kenney

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView





    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    • Foxterra
    BOE Network
    © 2021 Grobes Media Inc.