secwatch / observer
8-K filed February 25, 2026, 6:59 PM ET CIK 0001581552
debt confidence high sentiment neutral materiality 0.30

Energy 11, L.P.: debt financing — Energy 11 extends credit facility to March 2027, reduces borrowing base to $10M

Energy 11, L.P.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Energy 11, L.P. amended credit facility of $10 million with BancFirst at decreased from 50 basis points to 25 basis points maturing March 1, 2027.

Instrument
credit facility
Principal
$10 million
Counterparty
BancFirst
Rate
decreased from 50 basis points to 25 basis points
Maturity
March 1, 2027
Event
amendment
Exact text from the filing
The Seventh Amendment renewed and extended the existing credit facility ("BF Credit Facility") for one additional year to March 1, 2027. In addition to the maturity date extension, other key terms of the Seventh Amendment include: • The Partnership elected to voluntarily reduce its borrowing base to $10 million, as of the Effective Date. • The incremental borrowing fee decreased from 50 basis points to 25 basis points.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Energy 11, L.P. amended Seventh Amendment to BF Loan Agreement with BancFirst valued at Borrowing base reduced to $10 million; incremental borrowing fee decreased from 50 to 25 basis point (effective 2026-03-01).

Action
amendment
Agreement
credit facility
Counterparty
BancFirst
Value
Borrowing base reduced to $10 million; incremental borrowing fee decreased from 50 to 25 basis point
Effective
2026-03-01
Exact text from the filing
On February 20, 2026, the Partnership and its wholly-owned subsidiary, as borrowers, and BancFirst, as administrative agent and lender (“Lender), entered into an amendment (“Seventh Amendment”) to its loan agreement ("BF Loan Agreement"), with an effective date of March 1, 2026 (the "Effective Date").
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Source: SEC EDGAR
accession 0001437749-26-005443
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