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Yangarra Updates Ops, Increases Credit Facility

First quarter production is expected to average 1,800 barrels of oil equivalent per day.

Peyto's total borrowing capacity increases to C $1.15 billion.

The increase came as a result of reserve additions and production increases from its 2012 drilling activity.

Inter Pipeline also has the ability to increase the commitment to C $1.5 billion, subject to lender approval.

The facility is used to fund general working capital needs and letter of credit requirements.

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