10:45 AM EST - Pipestone Energy Corp. : Has successfully increased its Reserve Based Loan to $280 million, from $225 million previously. The Credit Facility upsize is driven by Pipestone’s efficient execution of its organic development program, resulting in a significant increase to its proved producing reserve value during 2021. The larger credit capacity provides Pipestone with increased liquidity and flexibility with respect to its go-forward business plans and future shareholder return objectives. Pipestone Energy Corp.
shares T.PIPE are trading down $0.08 at $2.98.
