Dart seeks $100M facility

DART Energy's international arm has entered into a mandate to snap up a $US100 million ($A96.9 million) secured revolving borrowing base facility with HSBC Bank to develop its near-term revenue projects.

Taken over two tranches involving $90 million borrowing base and a $10 million working capital tranche, the initial borrowing assets include its interest in PEDL 133 in Scotland, the Liulin production


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