Max Petroleum increases Macquarie Credit Facility to US $50 Million for Exploration
11.03.2008
Max Petroleum Plc, an oil and gas exploration company said, it has increased its revolving credit facility with Macquarie Bank Ltd to US $50 million from US $20 million, to fund its exploration and development activities in Kazakhstan.
In conjunction with its borrowing increase, Max Petroleum issued to Macquarie a warrant...
