Constellation Energy Partners LLC - 2010-12-07

Description

Reports that its lenders have completed a semi-annual review of the company's borrowing base pursuant to the terms of its reserve-based credit facility. Borrowings outstanding under the facility currently total $168.5 million, leaving the company with $26.5 million in borrowing capacity. The company maintained $18.2 million in cash and equivalents as of Dec. 3.

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Estimated Price
$195.0MM
Financing Type
Report Date