Penn Virginia Corporation (NYSE:PVA) recently reported that it has closed on a new senior secured revolving credit facility (the New Credit Facility). The New Credit Facility has a five-year maturity, a 300 million commitment amount, an accordion feature to expand commitment amounts by up to 300 million and an initial 300 million borrowing base, which is 70 million higher than the borrowing base under its previous revolving credit facility (the Previous Credit Facility). Currently, PVA has 77 million drawn under the New Credit Facility, approximately 2 million of letters of credit and approximately 4 million of cash on hand following the recent receipt of a 32 million federal income tax refund. As a result, PVA has cash plus availability under the New Credit Facility of approximately 225 million. Crown Equity Holdings Inc. (CRWE) CRWE has launched two online service companies CRWE Direct (www.crwedirect.com) and CRWE Real Estate (www.crwerealestate.com). CRWE launched CRWE Real Estate to provide a global portal for property listings at a fee of only 1 a day. CRWE Real Estate mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages. CRWE Direct is an online business-to-business marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com. Holly Energy Partners, L.P. (NYSE:HEP) will report results for its quarter ended September 30, 2012 on November 1, 2012, before the opening of trading on the NYSE. The Partnership has scheduled a webcast conference on November 1, 2012 at 4:00PM Eastern time to discuss financial results. Acacia Research Corporation (Nasdaq:ACTG) Power Management Solutions LLC subsidiary has entered into a settlement agreement with Freescale Semiconductor, Inc. This agreement resolves litigation that was pending in the United States District Court for the District of Delaware. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: CRWENewsWire.com.br publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://CRWENewswire.com.br/disclaimer).
