BRIEF-Granite Oil Corp announces credit facility update

Mon May 16, 2016 8:19am EDT
 
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May 16 (Reuters) - Granite Oil Corp

* Granite Oil Corp announces credit facility update

* Granite Oil Corp says new borrowing base is a reduction from previous amount of $80 million established in November 2015

* Granite Oil Corp says currently there is approximately $40 million drawn under aggregate facility Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)