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BRIEF-Eagle Energy announces drilling update, cost reductions and amendment to loan agreement
September 29, 2017 / 10:11 PM / 2 months ago

BRIEF-Eagle Energy announces drilling update, cost reductions and amendment to loan agreement

Sept 29 (Reuters) - Eagle Energy Inc:

* Eagle Energy Inc announces North Texas drilling update, cost reductions and amendment to loan agreement

* Says ‍worked with lender to relax one of its four financial covenant thresholds in “recognition of prevailing low oil prices”​

* Says expects to be onside with all financial covenants at September 30, 2017 without any need for waivers Source text for Eikon: Further company coverage:

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