03:37 PM EST - Bonterra Energy Corp. : announced today that following its annual banking review, certain amendments to the existing credit agreement dated April 29, 2009 between the Company and its syndicate of lenders, have been agreed to. Based on the terms and conditions set forth in the amended credit agreement, the lenders have agreed to the following: Approval of a borrowing base of $500 million and an increase to the existing credit facility commitment to $425 million from $250 million, subject to closing of the previously announced Pembina area asset acquisition. Bonterra Energy Corp.
shares T.BNE are trading up $1.74 at $35.90.
