Rimrock secures $200M for Weld County natural gas facility

DALLAS — Rimrock Energy Partners LLC, a Dallas-based midstream oil and natural gas operator, has landed a $200 million credit facility from Tusla-based BOK Financial Corp. (Nasdaq: BOK) to be used to build a new natural gas gathering and processing system near the Weld County town of Pierce.

“We are pleased to partner with a lender that can support our system’s expansion as we continue to add producers,” said Rimrock chief financial officer Jeff Derner said in a prepared statement. “This facility, combined with our equity capital available from Energy Spectrum Capital, provides ample…