Right here in America there is a modern day oil & gas boom.

Oil And Gas Boom Plays In The USA And Canada

Antrim Shale ANWAR Oil Shale - Austin Chalk - Avalon Shale -Bakken Oil Shale - Barnett Shale- Bone Spring - Bossier Shale -Brazil Oil Field - Cardium Shale - Chainman Shale - Chattanooga Shale -Collingwood Shale - Cumnock Shale - Duvernay Shale -Eagle Ford Shale - Exshaw Shale - Fayetteville Shale - Granite Wash - Green River Basin Oil Shale - Haynesville Shale - Horn River Shale - Huron Shale - Kern County Oil Field - Leonard Shale- Marcellus Shale - Monterey Shale - Montney Shale -Niobrara Shale - Permian Basin - Piceance Basin - Smackover Brown Dense Formation - Spraberry Field - Tuscaloosa Marine Shale -Utica Shale - Wolfberry Trend - Wolfcamp Shale - Woodford Shale -Oil Sands - China Shale - Mineral Rights - Index of Shale

Wednesday, August 31, 2011

Lynden Energy Corp. :Credit Facility With Texas Capital Bank Secured


Lynden Energy Corp.CA:LVL +1.49% reports that further to its July 13, 2011 news release, the Company's wholly owned subsidiary, Lynden USA Inc., has secured a three year reducing revolving line of credit (the "Credit Facility") in an amount up to US$50 million with Texas Capital Bank of Dallas, Texas. The Credit Facility provides for an initial borrowing base of US$9.5 million.
Lynden is a Canadian-based oil and gas company with operations focused on our Wolfberry and Mitchell Ranch projects in the Permian Basin, West Texas, and our Paradox Basin Project, Utah.
Source: Market Watch
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