Kimbell Royalty increases borrowing base, commitments to $550 million

By Mary-Katherine Stinson

Lexington, Ky., Dec. 11 – Kimbell Royalty Partners, LP on Dec. 8 entered into a second amendment to the partnership’s existing amended and restated credit agreement dated as of June 13, 2023, according to a 8-K filing with the Securities and Exchange Commission.

The amendment increased each of the borrowing base and aggregate elected commitments to $550 million from $400 million.

Citibank, NA is the administrative agent.

Fort Worth-based Kimbell Royalty Partners owns and acquires mineral and royalty interests in oil and natural gas properties.

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