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Phoenix Energy One Enters Amendment No. 7 to Credit Agreement

Oct 27, 2025•7 months ago

Contract Type

credit_agreement

IrvineEnergyOil And GasRenewable Energyoil & energy

Description

On October 27, 2025, Phoenix Energy One, LLC entered into Amendment No. 7 to its Amended and Restated Senior Secured Credit Agreement with Phoenix Operating LLC and Fortress Credit Corp. This amendment involves several lenders and the Guarantors party to the agreement. The changes are part of ongoing terms related to their financing structure.

Company Information

Company

Phoenix Energy One

Location

18575 Jamboree Rd

Irvine, California, United States

About

Phoenix Energy One, LLC, doing business as Phoenix Energy, is an energy company formed in 2019. The company is focused on oil and gas exploration and production across key U.S. basins, with a primary footprint in the Williston Basin in North Dakota and Montana. Phoenix Energy operates under a three-pronged strategy of direct drilling, royalty acquisition, and non-operated working interests.

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Agreement Insights

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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