Leader Energy Services Increases Size of Revolving Facility
March 11 2014 - 4:18PM
Marketwired
Leader Energy Services Increases Size of Revolving Facility
CALGARY, ALBERTA--(Marketwired - Mar 11, 2014) - Leader Energy
Services Ltd. ("Leader" or the "Company") (TSX-VENTURE:LEA)
announced that it has reached agreement with its lender to increase
the size of its demand revolving facility to $5.0 million from $4.0
million. Improved activity levels in the first quarter of 2014 have
necessitated this increase.
Leader provides well stimulation services in western Canada.
Further information on Leader can be found under the Company's
listing at www.sedar.com and on the Company's website at
www.leaderenergy.com.
Forward-looking Information
This press release contains certain statements or disclosures
relating to the Company that are based on the expectations of the
Company as well as assumptions made by and information currently
available to the Company which may constitute forward-looking
information under applicable securities laws. All such statements
and disclosures, other than those of historical fact, which address
activities, events, outcomes, results or developments that the
Company anticipates or expects may, or will occur in the future (in
whole or in part) should be considered forward-looking
information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Leader Energy Services Ltd.Rod HauserPresident & CEO(403)
265-5400r.hauser@leaderenergy.comLeader Energy Services Ltd.Jason
Krueger, CFAExecutive VP & Director(403)
265-5400j.krueger@leaderenergy.comLeader Energy Services Ltd.Graham
Reid, CAVP Finance & CFO(403)
265-5400g.reid@leaderenergy.comwww.leaderenergy.com