GREY:WFREF - Post by User
Post by
JohnJBondon Mar 05, 2015 12:59am
296 Views
Post# 23491824
From Annual Report
From Annual ReportThe $695.0 million borrowing base was confirmed by the lenders on November 25, 2014, upon completion of their semi-annual review. The next annual review will occur prior to May 31, 2015. During 2015, the Company plans to repay $100 million of its bank debt to improve its financial position. The repayment is expected to be primarily funded through asset dispositions.