BRIEF-Pine Cliff Energy says agreement to extend borrowing base redetermination date

Wed Jun 1, 2016 9:03pm EDT
 
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June 1 (Reuters) - Pine Cliff Energy Ltd :

* Entered agreement with company's syndicate of Canadian financial institutions to extend borrowing base redetermination date to June 30

* Says continues to consider various options to improve its balance sheet

* Entered agreement with company's syndicate of Canadian financial institutions to extend borrowing base redetermination date to June 30

* Says options include sale of non-core investments and assets, infrastructure options and financings Source text for Eikon: Further company coverage: