Latest Radiant Oil & Gas (ROGI) Headlines Radia
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Posted On: 03/11/2014 5:29:42 AM
Latest Radiant Oil & Gas (ROGI) Headlines
Radiant Oil & Gas, Inc. Completes $40.6 Million Credit Facility and Acquisition of Oil and Gas Properties in Louisiana and Mississippi
PR Newswire - Thu Nov 21, 7:36AM CST
Radiant Oil & Gas, Inc. (OTC: ROGI) ("Radiant") announced that it has completed the purchase of oil and gas properties located in Louisiana and Mississippi for approximately $19,000,000 in a combination of cash and Radiant shares. Radiant also announced the closing of a $40,600,000 senior credit facility arranged by WoodRock & Co. In addition to funding the cash portion of the acquisition, proceeds from the credit facility will allow Radiant to develop multiple re-entry, work-over and drilling opportunities on acquired acreage throughout south Louisiana and Mississippi.
Radiant Oil & Gas, Inc. Completes $40.6 Million Credit Facility and Acquisition of Oil and Gas Properties in Louisiana and Mississippi
PR Newswire - Thu Nov 21, 7:36AM CST
Radiant Oil & Gas, Inc. (OTC: ROGI) ("Radiant") announced that it has completed the purchase of oil and gas properties located in Louisiana and Mississippi for approximately $19,000,000 in a combination of cash and Radiant shares. Radiant also announced the closing of a $40,600,000 senior credit facility arranged by WoodRock & Co. In addition to funding the cash portion of the acquisition, proceeds from the credit facility will allow Radiant to develop multiple re-entry, work-over and drilling opportunities on acquired acreage throughout south Louisiana and Mississippi.
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