Brandon Standifird

U.S. Energy Development Corp. Secures $165M Credit Facility as It Targets Up to $1B in Permian Investments for 2025

by | Feb 15, 2025

Arlington-based energy exploration and production company U.S. Energy Development Corp. has closed a new $165 million revolving credit facility, which could expand to $500 million, providing fresh capital for strategic growth.

The announcement follows USEDC’s recent commitment to deploying up to $1 billion in new projects in the Permian Basin in 2025, building on what the company calls a “record-breaking year” in 2024....

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