Cordy Oilfield Services Inc.

Cordy Oilfield Services Inc.

October 31, 2013 09:23 ET

Cordy Announces Amendment to Credit Facility

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2013) - Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) announces that it has amended certain terms of its existing credit facility (the "Facility") with its senior lender to extend the term of the Facility until the earlier of: (i) November 30, 2013; (ii) the release date of the next quarterly financial statements of Cordy; or (iii) on the demand of the lender of the Facility. This extension will allow Cordy to continue its ongoing negotiations with a chartered bank for a new senior credit facility on such terms and in such amount to align with Cordy's long term requirements.

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Contact Information

  • For general or investor relations information:
    Cordy Oilfield Services Inc.
    David Mullen, Chairman and CEO
    (403) 266-2067
    (403) 266-2087 (FAX)