PrimeEnergy cuts credit facility borrowing base to $105 million from $115 million
On August 3, 2026, PrimeEnergy amended its borrowing base agreement with Citibank, N.A., lowering the borrowing base from $115 million to $105 million. The company reported no outstanding borrowings under the credit facility as of March 31, 2026, and says it still has none as of the filing date.
Key points
- Borrowing base reduced by $10 million, from $115 million to $105 million, under an amendment dated August 3, 2026
- No outstanding borrowings under the credit facility as of March 31, 2026, and as of the filing date
- Lender is Citibank, N.A.; amended agreement filed as Exhibit 10.22.6.5
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.