Eagle Rock Reports 17% Boost in Upstream Borrowing Base

Eagle Rock Energy Partners

today announced that effective October 1, 2012, the upstream component of the borrowing base under its senior secured credit facility has been increased to $400 million by its commercial lenders as part of the Partnership's regularly scheduled semi-annual redetermination of the upstream component of the borrowing base. This represents an increase of approximately $58 million over the previous upstream component of the borrowing base. The Partnership's total borrowing base, including its midstream component (as last determined as of June 30, 2012) and giving effect to the new upstream component, is approximately $780 million. The total borrowing capacity under the senior secured credit facility is limited to the lower of the borrowing base and the total lender commitments, which remain unchanged at $675 million.