Buckhorn Energy Services closes $150 million senior secured revolver

By Susanna Moon

Chicago, Feb. 5 – Buckhorn Energy Services, LLC said it obtained a $150 million senior secured revolving credit facility.

The facility may be upsized by $25 million with commitments, according to a company press release.

Proceeds will be used to fund acquisitions, capital expenditures, working capital and general corporate purposes.

“We anticipate that the current down cycle will provide us opportunities to expand and strengthen our core services lineup,” Gary Ebel, Buckhorn Energy Services chief executive officer, said in the press release.

Buckhorn Energy Services is based in Greenwood Village, Colo., and provides oil field fluid management and waste disposal services to the oil and natural gas industry.

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