Alberta Treasury Agents $20MM Cathedral Credit Facility

Cathedral Energy Services entered into a new credit facility, with Alberta Treasury Branches serving as agent and lender and Export Development Canada acting solely as lender.

Alberta Treasury Upsizes Yangarra Facility to $120MM

Yangarra Resources increased its syndicated senior credit facility to $120 million with a group of banks led by Alberta Treasury Branches. The group also includes Canadian Imperial Bank of Commerce and National Bank of Canada.

NBC Supports Whitecap Acquisition of World Class Enhanced Oil Recovery

Whitecap Resources entered into an agreement to purchase light oil assets in Southeast Saskatchewan for $940 million. National Bank of Canada served as administrative agent for an increase of the company’s facility to $1.7 billion to support the purchase.

Scotiabank Agents $120MM Facility for CES Energy Solutions

CES Energy Solutions amended its credit facility with the Bank of Nova Scotia as administrative agent.

Alberta Treasury Branches Amends Ceiba Energy Facility

Ceiba Energy Services entered into an amendment with Alberta Treasury Branches to provide for $15 million of credit encompassing a $5 million revolver and a $10 million term credit facility.

ATB, NBC Lead New $600MM Total Facilities for Secure Energy Services

Secure Energy entered a new $470 million first lien credit facility led by Alberta Treasury Branches and a new $130 million second lien credit facility led by National Bank of Canada.

ATB Provides $22MM Facility to TransGlobe Energy

TransGlobe Energy entered into a C$30 million ($22 million) credit agreement for a revolving reserve-based lending facility with Alberta Treasury Branches.

Alberta Treasury Branches Provides $36MM Toscana Energy Facility

Toscana Energy Income entered into a commitment letter with respect to a new $36 million senior secured demand revolving credit facility with Alberta Treasury Branches.

RBC Agents Seven Generations Facility Upsize to $850MM

Seven Generations Energy has expanded its existing senior secured credit facility to $850 million. This increase was provided by a syndicate of 10 financial institutions lead by the Royal Bank of Canada.

Bank of Montreal Agents Journey Energy Redetermination

Journey Energy has completed its semi-annual review of its revolving credit facility that has been set at $140 million, a decrease from $205 million. Bank of Montreal served as administrative agent for the lender group.