BRIEF-DXI Energy to expand Woodrush Oil production

Thu May 26, 2016 7:49pm EDT
 
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May 26 (Reuters) - Dxi Energy Inc

* DXI to expand Woodrush Oil production

* To expand production and improve operational efficiencies at its core Woodrush project in NEBC

* Plans to raise up to C$3 million via non-brokered equity raise at C$0.12 per share through issuance of up to 25 million common shares Source text for Eikon: Further company coverage: (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)