BRIEF-Petroshale says Q4 production increasing by 178 pct to 1,444 boe/d

Fri Apr 15, 2016 9:10am EDT
 
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April 15 (Reuters) - Petroshale Inc

* Petroshale announces financial and operating results for fourth quarter and year ended december 31, 2015 and continued strong reserves growth

* Q4 production increasing by 178% to 1,444 boe/d

* Entered into an amended loan agreement with our subordinated lenders

* Lenders agreed to provide an additional us$20.0 million of capacity to subordinated loan facility

* Lenders agreed to extend maturity date of loan facility to december 31, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)