03:46 PM EST - Journey Energy Inc. : Has completed its semi-annual review of its secured, revolving credit facility. Effective November 30, the borrowing base has been set at $140 million with no financial covenants. Previously, the borrowing base was $205 million with a covenant requiring approval of the syndicate for borrowings in excess of $150 million. The revised credit facility consists of a $15-million working capital facility and a $125-million revolving production loan facility. Journey Energy Inc.
shares T.JOY are trading down $0.12 at $1.40.
