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KrisEnergy secures US$100m revolving credit facility

Money to be used to buy hydrocarbon assets and as working capital

INDEPENDENT upstream oil and gas company KrisEnergy has secured a US$100 million revolving credit facility maturing in March 2016, with an option to extend for an additional year.The facility - to be signed by its subsidiary KrisEnergy (Asia) - will be used for the acquisition of hydrocarbon