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Arsenal Resources Refinances Revolving Credit Facility

06.30.22

Simpson Thacher represented Arsenal Resources Development LLC in connection with its amended and restated reserve-based revolving credit agreement. Citibank, N.A. acted as administrative agent.

Arsenal Resources is an operator of an oil and gas production and exploration company headquartered in Pittsburgh. The company focuses in the production and exploration of dry natural gas in the Southern Appalachian Basin.

The Simpson Thacher team included Erland Modesto, Andrew Lanius and Jacob Sims (Credit); Pasco Struhs and Charles Pfeifer (ERISA); Michael Isby (Environmental); and Michael Mann (Tax).