Three Forks, Inc., an independent oil and gas exploration and production company with operations and assets in Colorado, Texas, Oklahoma and Louisiana, announced it has secured a $50 million revolving line of credit with Guaranty Bank and Trust Company. The initial borrowing base is set at $3.5 million.

"We're pleased to be working with Guaranty Bank and appreciate their confidence in our business plan," said Chuck Pollard, President of Three Forks. "This borrowing base will support our efforts in the area of exploration, development and/or acquisition of oil and gas properties as well as for associated working capital purposes."

Three Forks, Inc. is an independent energy company engaged in acquiring, exploring, developing and producing crude oil and natural gas primarily in the western United States. The company is led by a seasoned team of executives with deep experience in the energy industry and capital formation. Three Forks has interests in producing wells in Oklahoma, Texas and Louisiana and is actively pursuing drilling programs in those areas. In addition, the Company is pursuing numerous opportunities in prolific oil producing regions, especially in areas where the team has operational or technical expertise.