Nexus Energy Partners Secures $100 Million Credit Facility to Accelerate Growth in the Anadarko Basin
Nexus Energy Partners has announced the successful closing of an amended and restated senior secured credit facility with UMB Bank totaling $100 million. The new agreement includes an initial borrowing base of $45 million and represents a significant financial milestone for the company as it continues to expand its presence in the oil and gas sector. The facility enhances Nexus Energy Partners’ access to capital, providing the financial flexibility needed to support ongoing development activities and strategic growth initiatives.
The expanded credit facility builds on the long-standing relationship between Nexus Energy Partners and UMB Bank. Over the years, the two organizations have worked closely together, and the latest agreement reflects a shared commitment to supporting the company’s growth ambitions. With additional capital now available, Nexus Energy Partners is better positioned to invest in drilling projects, strengthen partnerships with operators, and pursue opportunistic acquisitions across key resource plays.
Strengthening Financial Capacity for Growth
Access to reliable financing is essential for companies operating in the energy sector, particularly those involved in upstream oil and gas development. The amended credit facility provides Nexus Energy Partners with increased liquidity, enabling the company to respond quickly to new opportunities in the market.
The $100 million total commitment allows Nexus Energy Partners to scale its operations more efficiently while maintaining a disciplined financial structure. The initial borrowing base of $45 million reflects the company’s current asset portfolio and reserves, with potential adjustments expected as operations expand and additional reserves are developed.
This enhanced financing capacity is expected to play a key role in supporting the company’s long-term strategy. By securing a larger credit facility, Nexus Energy Partners can pursue projects that may require significant upfront investment while maintaining flexibility to allocate capital where it delivers the greatest value.
Focus on the Anadarko Basin
Nexus Energy Partners has built a strong reputation as a non-operating partner in the Anadarko Basin, one of the most prolific hydrocarbon-producing regions in the United States. The basin, which spans parts of Oklahoma, Texas, and Kansas, is known for its rich oil and natural gas reserves and has long been a focal point for exploration and production companies.
By participating as a non-operating partner, Nexus Energy Partners collaborates with experienced operators to develop oil and gas assets while minimizing operational risk. This strategy allows the company to diversify its portfolio across multiple projects and operators while maintaining capital discipline.
Chief Executive Officer Ben Lusher emphasized the importance of the new credit facility in supporting the company’s growth strategy within the region. According to Lusher, the partnership with UMB Bank provides Nexus Energy Partners with the financial backing necessary to expand its presence and continue building a strong portfolio of assets.
“We are grateful to be working with a bank that can grow with us,” Lusher said. “This positions Nexus as the non-operating partner of choice in Oklahoma. With this credit facility expansion, we will continue to grow through the drill bit and through opportunistic acquisitions.”
Expanding Through Drilling and Strategic Acquisitions
The additional capital made available through the credit facility will support a dual growth strategy focused on both organic development and acquisitions. Nexus Energy Partners plans to use the financing to increase its participation in drilling programs and to identify attractive acquisition opportunities that complement its existing asset base.
Drilling activity remains a cornerstone of the company’s growth model. By investing in new wells alongside established operators, Nexus Energy Partners can expand its reserves and production volumes over time. The expanded credit facility ensures that the company has the resources needed to participate in drilling programs as they arise.
At the same time, Nexus Energy Partners intends to remain active in the acquisition market. The energy sector often presents opportunities to acquire producing assets or undeveloped acreage from companies looking to optimize their portfolios. With improved access to capital, Nexus Energy Partners can act quickly when such opportunities align with its strategic objectives.
Strengthening a Long-Term Banking Partnership
The amended credit facility also highlights the strong relationship between Nexus Energy Partners and UMB Bank. Financial institutions play a critical role in supporting energy companies by providing the capital necessary to fund exploration, development, and acquisitions.
For UMB Bank, the decision to expand the credit facility reflects confidence in Nexus Energy Partners’ management team, operational strategy, and asset portfolio. The bank sees the company as a reliable partner with a proven track record of growth in the Anadarko Basin.
Parker Heikes of UMB Bank expressed enthusiasm about continuing to support the company’s expansion. “UMB is proud to expand our relationship with Nexus Energy Partners through this credit facility,” Heikes said. “Ben and the Nexus team have built an impressive non-operating platform in the Anadarko Basin. We look forward to continuing to support their growth.”
The collaboration between the two organizations underscores the importance of trusted financial partnerships in the energy industry. As Nexus Energy Partners continues to scale its operations, access to stable financing will remain a key component of its growth strategy.
Positioning for Long-Term Industry Opportunities
The energy sector continues to evolve as global demand for oil and natural gas remains strong while the industry also navigates shifts in technology, market dynamics, and regulatory frameworks. Companies that maintain financial flexibility and strong partnerships are often better positioned to adapt to these changes.
For Nexus Energy Partners, the expanded credit facility represents more than just additional capital—it serves as a foundation for sustained growth. The company aims to leverage its financial resources to build a diversified portfolio of producing assets while maintaining a disciplined investment approach.
By focusing on high-quality opportunities in established resource plays, Nexus Energy Partners seeks to create long-term value for its stakeholders. The company’s strategy of partnering with experienced operators, combined with its strengthened financial position, allows it to remain competitive in an increasingly dynamic market.
Forward-Looking Statements
This announcement includes certain forward-looking statements within the meaning of federal securities laws. These statements may relate to Nexus Energy Partners’ business strategy, future growth plans, potential acquisition opportunities, and anticipated financial or operational performance.
Forward-looking statements are based on management’s current expectations, estimates, and assumptions. However, they are subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the statements.
Factors such as fluctuations in commodity prices, changes in regulatory policies, operational challenges, and broader economic conditions could influence the company’s future performance. As a result, readers are encouraged to exercise caution when interpreting forward-looking statements.
Except as required by applicable law, Nexus Energy Partners does not undertake any obligation to publicly update or revise forward-looking statements to reflect new information, future developments, or changes in circumstances. These statements speak only as of the date of the announcement, and undue reliance should not be placed on them.
A Step Forward for Nexus Energy Partners
The closing of the $100 million senior secured credit facility marks an important step forward for Nexus Energy Partners as it continues to strengthen its position in the energy industry. With enhanced access to capital and a strong partnership with UMB Bank, the company is well positioned to expand its operations, invest in new drilling opportunities, and pursue strategic acquisitions.
As Nexus Energy Partners continues to grow its footprint in the Anadarko Basin and beyond, the expanded credit facility provides the financial support necessary to drive its next phase of development. The agreement reflects both the company’s ambition and the confidence its financial partners have in its long-term strategy.
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