Delta Petroleum has closed on a new senior secured credit facility for $100 million. Macquarie Bank provided the loan to the oil and gas exploration company. Of the total amount of the loan, $50 million will be made available to the company initially. The amount comprises a $30 million revolving line of credit and a $20 million advancing term loan. The credit facility is due to mature on Jan. 31, 2012 and replaces Delta’s previous credit facility.

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