about 15 years ago
Beach Energy Ltd announced that with the support of the Commonwealth Bank of Australia it has today replaced its $35 million working capital facility with a $150 million revolving corporate credit facility. Whilst Beach does not expect to use this facility in the immediate future, it firms up the st
Beach Energy Ltd announced that with the support of the Commonwealth Bank of Australia it has today replaced its $35 million working capital facility with a $150 million revolving corporate credit facility.
Whilst Beach does not expect to use this facility in the immediate future, it firms up the strength of its Balance Sheet and will be used to underpin the aggressive exploration and development campaign set down for financial year 2012.
[mappress]
Source: Beach Energy, July 1, 2011;
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