RICE ENERGY INC. (NYSE:RICE) Files An 8-K Entry into a Material Definitive Agreement

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RICE ENERGY INC. (NYSE:RICE) Files An 8-K Entry into a Material Definitive Agreement

Item1.01

Entry into a Material Definitive Agreement.

On June15, 2017, Rice Energy Operating LLC, as borrower (REO),
and Rice Energy Inc., as parent guarantor (the Company), entered
into the Third Amendment (the Third Amendment) to the Fourth
Amended and Restated Credit Agreement, among the Company, REO,
Wells Fargo Bank, N.A., as administrative agent, and the lenders
and other parties thereto (the AR Credit Agreement). The lenders
under the AR Credit Agreement completed their semi-annual
redetermination of the borrowing base. Following the
redetermination, the Companys borrowing base and elected
commitment amounts each increased from $1.45billion to
$1.60billion. The next redetermination of the borrowing base is
scheduled for October 2017.

The foregoing description of the Third Amendment is a summary
only and is qualified in its entirety by reference to the
complete text of the Third Amendment, a copy of which is attached
as Exhibit 10.1 to this Current Report on Form 8-K and
incorporated herein by reference.

Item2.03 Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.

The information set forth under Item 1.01 concerning the Third
Amendment is incorporated herein by reference.


Item9.01
Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.


Description

10.1 Third Amendment to Fourth Amended and Restated Credit
Agreement, dated as of June15, 2017, by and among Rice Energy
Inc., Rice Energy Operating LLC, Wells Fargo Bank, N.A., as
administrative agent and each of the lenders party thereto.


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Rice Energy Inc. Exhibit
EX-10.1 2 d372392dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 Execution Version       THIRD AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT dated as of June 15,…
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About RICE ENERGY INC. (NYSE:RICE)

Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company conducts its operations through two segments: Exploration and Production, and Midstream. The Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. The Exploration and Production segment operates in the cores of the Marcellus and Utica Shales. The Company controls approximately 231,000 net acres in the Marcellus and Ohio Utica Shale cores. It operates approximately 1,164 drilling locations. The Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of, Rice Energy and third parties.

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