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Long Run Exploration Ltd.

10:01 AM EST - Long Run Exploration Ltd. : announced an increased borrowing base under the syndicated credit facility of $475 million. Long Run is also announced the closing of an acquisition that adds approximately 450 boe per day of strategic light oil Viking assets at Redwater for total consideration of approximately $45 million. Long Run Exploration Ltd.
shares T.LRE are trading down $0.08 at $4.90.