From what I read the facility is available but has not yet been drawn upon. This is good news ....
Corporate
"Closing cash position of US$23.121 million after funding of all exploration, development and production activities. No debt drawdown during quarter"
Galoc II
"Otto will fund its share of the development costs from a combination of cash, ongoing production revenue and a project finance debt facility secured with BNP Paribas."
ejpert - typo i hope, page-3
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