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Stock Market & Financial Investment News

News Breaks
December 26, 2012
09:18 EDTWRESWarren Resources borrowing base increased to $140M after Fall redetermination
Warren Resources announced that the syndicate of lenders underwriting the company's $300M senior secured credit facility has increased the conforming borrowing base to $140M as a result of completing the Fall 2012 semi-annual redetermination. As of December 26, Warren has $99.5M of debt outstanding under its Credit Facility, leaving $40.5M available. The next borrowing base redetermination is scheduled for May 2013. The company is in full compliance with all of its debt covenants under the Credit Facility.
News For WRES From The Last 14 Days
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October 16, 2014
07:46 EDTWRESIntercloud Systems appoints Timothy Larkin as CFO
InterCloud (ICLD) announced that it has hired Timothy A. Larkin as its new CFO. Prior to joining InterCloud Systems, Larkin served as CFO of Warren Resources (WRES).

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