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Logan Energy Corp. Announces Duvernay Land Position and Committed Credit Facilities of $125 Million

Sep 12, 2024•almost 2 years ago

Contract Type

partnership

CalgaryEnergyRenewable Energy

Description

Logan Energy Corp. has announced the details of its Duvernay land position and the acceleration of full field development at Pouce Coupe, including the construction of a gas plant and associated infrastructure. Additionally, the company has received a commitment letter from National Bank of Canada for new committed credit facilities in the aggregate principal amount of $125.0 million.

Company Information

Company

Logan Energy

Location

Calgary, Alberta, Canada

About

Logan Energy Corp. is a growth-oriented exploration, development, and production company formed through the spin-out of the early stage Montney assets of Spartan Delta Corp. It was founded with a strong initial capitalization and three high-quality Montney assets located in Alberta and northeastern British Columbia. The management team brings proven leadership and a track record of generating excess returns in various business cycles.

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