BRIEF-Kelt Exploration announces amendments to its credit facility

Tue May 31, 2016 7:36pm EDT
 
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May 31 (Reuters) - Kelt Exploration Ltd

* Kelt exploration announces amendments to its credit facility

* Agreed to certain amendments to its existing credit facility and borrowing base has been re-determined at $185.0 million

* Expects to realize annual savings of approximately $900,000 by eliminating standby fees on unused credit amounts at current rate Source text for Eikon: Further company coverage: (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)