Energy Partners lifts credit facility borrowing base to $200 million

By Sara Rosenberg

New York, Nov. 2 - Energy Partners Ltd. increased the borrowing base under its senior secured credit facility to $200 million from $150 million, according to an 8-K filed with the Securities and Exchange Commission on Wednesday.

The increase was made as the company worked with lenders to re-determine the borrowing base.

Energy Partners is an oil and natural gas exploration and production company based in New Orleans and Houston.

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