Teton Energy Increases Borrowing Base
Teton Energy Corporation (Amex: TEC) reported on July 19, 2007, BNP Paribas increased the Company's borrowing base to $10 million from $6 million on its senior credit facility. The borrowing base was increased to $6 million on March 12, 2007.
Teton Energy Corporation is an independent oil and gas exploration and production company based in Denver, Colorado. Teton is focused on the acquisition, exploration and development of North American properties and has current operations in the Rocky Mountain region of the U.S. The Company's common stock is listed on the American Stock Exchange under the ticker symbol "TEC."
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