EXPLORATION

Samson updates funding arrangement

SAMSON Oil and Gas has updated its credit agreement with Mutual of Omaha Bank to increase the borrowing base of that facility to $US15.5 million.

Samson updates funding arrangement

The terms of the facility agreement otherwise remain unchanged, being a three year term with an interest rate based on the 90-day London Interbank Offered Rate plus 3.75%. That equates to about 3.98% at...

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