Mr. Yingchuan Wu reports
VITAL ENERGY ANNOUNCES AU$20 MILLION LOAN
Vital Energy Inc. has entered into a loan agreement with an arm's-length lender for a loan in the principal sum of $20-million (Australian). The loan will be advanced in two instalments, matures on Sept. 19, 2027, and funds advanced bear interest at a rate of 15 per cent per annum, payable monthly.
Vital Energy is a publicly traded junior oil and gas company whose primary focus is light and medium crude oil production in Western Canada.
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