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S&P 500
5,178.04
(
-0.19%
)
US TECH 100
17,575.60
(
-0.21%
)
Dow Jones
38,953.28
(
0.18%
)
Brent Oil
83.23
(
0.43%
)
Bitcoin
62,512.55
(
0.30%
)
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Timothy Smith

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Timothy Smith

Re: LouisDesyjr post# 751

Tuesday, 10/13/2015 9:01:32 PM

Tuesday, October 13, 2015 9:01:32 PM

Post# of 801
Emerald Oil (NYSEMKT:EOX) -3.3% premarket after announcing that the borrowing base under its revolving credit facility was decreased to $120M from $200M as part of the regularly scheduled semi-annual redetermination by its lenders.

EOX says the decrease in the borrowing base has resulted in a deficiency of $19.6M, and it is negotiating with the bank group regarding a repayment schedule.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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