August 18, 2016 / 3:27 PM / a year ago

BRIEF-Paramount Resources says entered $100 mln secured revolving credit facility

Aug 18 (Reuters) - Paramount Resources Ltd :

* Paramount Resources Ltd announces closing of Musreau / Kakwa asset sale to Seven Generations

* Repaid all outstanding indebtedness (being approximately $230 million) under its prior $350 million revolving credit facility

* Entered into a new $100 million secured revolving credit facility with a Canadian Chartered bank Source text for Eikon: Further company coverage:

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