On August 28, 2024, Vital Energy Inc., a publicly traded junior oil and gas company based in Calgary, Alberta, announced amendments to its existing credit facility. The company has increased the available loan amount from $10 million to $15 million and extended the maturity date from December 4, 2024 to August 28, 2025. The core focus of Vital Energy Inc. is on light and medium crude oil production in Western Canada.
This press release contains forward-looking statements regarding Vital’s business and the Credit Facility. Various factors and assumptions, such as economic conditions, commodity prices, and operational risks, may impact the accuracy of these statements. Readers are advised not to place undue reliance on the forward-looking information provided in this document.
For a detailed source of this press release, please visit the original release on the company’s website.
