September 22, 2014 4:30 AM ET

Oil, Gas and Consumable Fuels

Company Overview of QRE Operating, LLC

Company Overview

QRE Operating, LLC acquires, produces, and develops onshore crude oil and natural gas properties in the United States. The company was incorporated in 2010 and is based in Houston, Texas. QRE Operating, LLC operates as a subsidiary of QR Energy, LP.

1401 McKinney Street

5 Houston Center

Suite 2400

Houston, TX 77010

United States

Founded in 2010





Key Executives for QRE Operating, LLC

QRE Operating, LLC does not have any Key Executives recorded.

QRE Operating, LLC Key Developments

QRE Operating, LLC Announces Fourth Amendment to Credit Agreement

On January 15, 2013, the fourth amendment to the credit agreement dated as of December 20, 2012, which amends the credit agreement dated as of December 17, 2010, among QRE Operating, LLC as Borrower, the Partnership, QRE GP, LLC, Wells Fargo Bank, National Association, as administrative agent, and the other lenders party thereto, became effective. Upon such effective date, the letter of credit commitment under the partnership's credit facility increased from $20 million to $30 million and the borrowing base increased from $730 million to $900 million. The Credit Agreement Amendment also placed a limit on a carve out permitting the assumption of debt associated with bonds or surety obligations required in connection with the operation of oil and gas properties.

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