PrimeEnergy Resources (PNRG) said Friday it has amended its credit agreement with its bank group.

The borrowing base was reaffirmed at $115 million, the company said, adding that as of Feb. 27 it had no borrowings outstanding under the facility, leaving the full amount available.

PrimeEnergy said the amendment also decreases the applicable interest rate margins by 50 basis points for all utilization levels.