WaterBridge Resources obtains $200 million revolver via SunTrust

New York, June 14 – WaterBridge Resources LLC said its subsidiary WaterBridge Operating LLC entered into a $200 million revolving credit facility with a syndicate of nine financial institutions led by SunTrust Bank.

Proceeds will be used for general corporate purposes and to support WaterBridge’s investments in water infrastructure in the Permian Basin in west Texas and the Arkoma Basin in southeast Oklahoma, according to a news release.

The company also has $500 million of equity capital from Five Point Energy LLC to fund ongoing growth and expansion efforts in multiple domestic basins.

WaterBridge is a Houston-based midstream company focused on the water management requirements of oil and gas producers in high-growth basins.

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