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Spyglass Resources Corp. Announces Extension of Credit Facility Review

Spyglass Resources Corp. Announces Extension of Credit Facility Review.

articleSpyglass Resources CorpMay 29, 20153/company/spyglass-resources-corp/news/spyglass-resources-corp-announces-extension-of-credit-facility-review
Spyglass Resources Corp. Announces Extension of Credit Facility Review

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[{"type":"text","content":"\n\n\n\nSpyglass Resources Corp. Announces Extension of Credit Facility Review\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\nSpyglass Resources Corp. Announces Extension of Credit Facility Review\nPR Newswire\nCALGARY, May 29, 2015\n\n\n\nAll values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1.\n\n\n\nCALGARY, May 29, 2015 /CNW/ - Spyglass Resources Corp. (\"Spyglass\", or the \"Company\") (TSX: SGL, OTCQX: SGLRF) announces the Company and its lenders have agreed to further extend its annual credit facility review and borrowing base determination from May 29, 2015 to June 30, 2015.  The Company's existing credit facility has therefore been extended until June 30, 2015 consistent with this revised renewal schedule. Spyglass will issue a press release once the review has concluded.\n\nReader Advisory and Note Regarding Forward Looking Information\n\nCertain statements contained within this press release, and in certain documents incorporated by reference into this document constitute forward looking statements.  These statements relate to future events or future performance. All statements, other than statements of historical fact, may be forward looking statements.  Forward looking statements are often, but not always, identified by the use of words such as \"seek\", \"anticipate\", \"budget\", \"plan\", \"continue\", \"estimate\", \"expect\", \"forecast\", \"may\", \"will\", \"project\", \"predict\", \"potential\", \"targeting\", \"intend\", \"could\", \"might\", \"should\", \"believe\" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements. \n\nIn particular, this press release contains the following forward looking statements pertaining to, without limitation, the following: Spyglass' (i) future production volumes and the timing of when additional production vo...

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