In June, Altura Energy Inc. and its lender completed the redetermination of its revolving operating demand loan (the "Operating Loan") and the term loan (the "Term Loan") collectively the ("Credit Facilities"). The Operating Loan was redetermined to $4.0 million and no amendments were made to the $3.0 million Term Loan providing Altura with $7.0 million of total Credit Facilities. The next review date for the Credit Facilities has been scheduled for May 31, 2022. The interest rate on the Credit Facilities was decreased by 1.0% to the Lender's prime rate plus 3.5% per annum which is approximately 5.95%, down from 6.95%. In addition, the hedging covenant was amended from 30% of forecasted production based on the proved developed producing reserves to 350 bbl/d of WCS oil and 1,000 GJ/d of natural gas (AECO) for no less than the succeeding nine-month period, on a rolling basis.