Nexus Energy Partners announced the closing of an amended and restated senior secured credit facility with UMB Bank totaling $100 million, with an initial borrowing base of $45 million. The expanded facility builds on the company’s existing relationship with the bank and is intended to provide additional capital to support continued growth.
The Denver-based energy investment firm plans to use the increased capacity to expand its non-operated platform in the Anadarko Basin, focusing on both drilling activity and opportunistic acquisitions. The company currently manages more than 15,000 acres and 340 wells across the region.
With 16 employees and offices in Denver and Tulsa, Nexus Energy Partners continues to position itself as a key non-operating partner in Oklahoma’s energy sector. The company emphasized that the enhanced credit facility strengthens its ability to scale operations while maintaining a disciplined investment approach and delivering long-term returns.
KEY QUOTES:
“We are grateful to be working with a bank that can grow with us. This positions Nexus as the non-op partner of choice in Oklahoma. With this credit facility expansion, we will continue to grow through the drill bit and through opportunistic acquisitions.”
Ben Lusher, Chief Executive Officer of Nexus Energy Partners
“UMB is proud to expand our relationship with Nexus Energy Partners through this credit facility. Ben and the Nexus team have built an impressive non-op platform in the Anadarko Basin. We look forward to continuing to support their growth.”
Parker Heikes, Representative at UMB Bank
