---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003967"
form_type: "8-K"
ticker: "PNRG"
cik: "0000056868"
company_name: "PRIMEENERGY RESOURCES CORP"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:46:26.679340+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# PrimeEnergy boosts borrowing base to $85M, adds Independent Bank as lender

## Summary
- Borrowing base increased from $65M to $85M under amended credit agreement.
- Independent Bank added as a new lender; total lender commitments raised to $300M.
- No outstanding borrowings currently; company plans to draw for 2024 drilling budget.
- Amendment effective Feb 9, 2024; lenders include Citibank, Fifth Third, West Texas, Independent.

## SEC filing metadata
- accession: 0001437749-24-003967
- form_type: 8-K
- ticker: PNRG
- cik: 0000056868
- company_name: PRIMEENERGY RESOURCES CORP
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56868/000143774924003967/0001437749-24-003967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56868/000143774924003967/pnrg20240213_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003967
- JSON: https://secwatch.observer/filing/0001437749-24-003967.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003967.txt

## Key facts
- Material Agreements
  PRIMEENERGY RESOURCES CORP amended loan agreement with Citibank, N.A. (effective 2024-02-09).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Effective: 2024-02-09
  source text: On February 9, 2024, PrimeEnergy Resources Corporation, (The Company), amended its loan agreement with Citibank, N.A., increasing the borrowing base from $65,000,000 to $85,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/56868/000143774924003967/0001437749-24-003967-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.