Encore Acquisition amends loan to lift borrowing base to $925 million

By Sara Rosenberg

New York, Dec. 15 - Encore Acquisition Co. amended its credit facility, increasing the borrowing base to $925 million, according to an 8-K filed with the Securities and Exchange Commission on Tuesday.

The amendment was completed on Dec. 9.

Bank of America is the administrative agent on the deal.

Encore is a Fort Worth, Texas-based acquirer and developer of oil and natural gas reserves from onshore fields.

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