Jan 14 (Reuters) - Elk Petroleum Ltd (ELK) :
- REACHED AN AGREEMENT WITH AB ENERGY OPPORTUNITIES GROUP ON A COMPREHENSIVE REFINANCING PACKAGE
- AS PART OF REFINANCING PACKAGE, CO TO SECURE LOWER COST CONVENTIONAL RESERVE-BASED CREDIT FACILITY WHICH WILL REPLACE CURRENT FACILITY
- UNDER PACKAGE, PARTIESTO PLAN TO EFFECT RESTRUCTURING OF ANETH TERM LOAN & EXISTING PREFERRED EQUITY HOLDINGS
