Crown provides $30 mln in sub-debt financing to Marquee Energy
Canadian specialty finance firm Crown Capital Partners has provided a $30 million special situations term loan to Marquee Energy Ltd (TSX-V: MQX), a Calgary-based junior oil and gas company. The funds raised will be used by the company to repay an existing senior debt facility and expand its capital program. Established in 2000, Marquee is focused on the development and production of light oil in the Michichi region of eastern Alberta. It is led by President and CEO Richard Thompson.
31 May 2017•3 mins read
