NATURAL GAS SERVICES GROUP, INC. (NYSE:NGS) Files An 8-K Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a RegistrantItem 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On August 31, 2017, we renewed our $30,000,000 senior secured revolving credit facility with JPMorgan Chase Bank, N.A. (the “Credit Agreement Amendment”) which was set to expire on December 31, 2017.
The Credit Agreement Amendment extends the maturity date to December 31, 2020. No other material revisions were made to the credit facility. A summary of the terms of the credit facility can be read in footnote 6 to the unaudited Notes to the Condensed Consolidated Financial Statements contained in our quarterly report on Form 10-Q for the quarter ended June 30, 2017 and filed with the Securities and Exchange Commission on August 4, 2017, which is hereby incorporated by reference. We have attached the Credit Agreement Amendment as an exhibit to this report, and this summary is qualified in its entirety by the attached amendment which is incorporated by reference hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
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10.1 |
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10.2 |
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10.3 |
NATURAL GAS SERVICES GROUP INC ExhibitEX-10.1 2 fourthamendmentofsecuritya.htm EXHIBIT 10.1 Exhibit Exhibit 10.1FOURTH AMENDMENT OF SECURITY AGREEMENT This FOURTH AMENDMENT OF SECURITY AGREEMENT (Personal Property-Borrower) (this “Amendment”) is dated as of June ___,…To view the full exhibit click here
About NATURAL GAS SERVICES GROUP, INC. (NYSE:NGS)
Natural Gas Services Group, Inc. is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales. The Company manufactures, fabricates and rents natural gases compressors that enhance the production of natural gas wells and provide maintenance services for those compressors. In addition, it sells custom fabricated natural gas compressors to meet customer specifications dictated by well pressures, production characteristics and particular applications. It also manufactures and sells flare systems for oil and gas plant and production facilities. The Company’s operating units include Gas Compressor Rental, Engineered Equipment Sales, Service and Maintenance, and Corporate. Its rental business is primarily focused on non-conventional gas and oil production.