In June 2005, the Company executed a loan agreement with the International Finance Corporation ("IFC") for a $30.0 million revolving credit facility secured by the assets of the Company's Gabon subsidiary.

The facility extended until October 2009 at which point it could be extended by mutual agreement, and the loan drawdown amount could be converted to a term loan at the Company's option. Because of the Company's limited use of the facility, the IFC elected to not extend an offer to extend the unused capacity in the credit facility. The Company elected to not convert the loan balance to a term loan and instead repaid the loan balance of $5.0 million plus interest in mid-October 2009.