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Arena Resources, Inc. Restructures Credit Facility.

Publication: Business Wire
Publication Date: 07-MAY-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TULSA, Okla. -- Arena Resources, Inc. (NYSE: ARD) ("Arena" or the "Company") today announced it had extended its current credit facility for up to 90 days effective April 15, 2009. The Company chose to decrease the borrowing base of the extended facility to $75 million while finalizing a new facility which is expected to be in place within...

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