Material Agreement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement

On July 29, 2024, PrimeEnergy Resources Corporation, (The Company), amended its loan agreement with Citibank, N.A., increasing the borrowing base from $85,000,000 to $115,000,000. As of today, the Company currently has $8,000,000 outstanding borrowings under the facility, however, the Company does plan to draw down part of the loan and use its cash flow to fund its drilling budget for 2024. The loan amendment also includes the addition of U.S. Bank National Association as a lender and the cover page of the Credit Agreement is hereby amended by amending the phrase "Citibank, N.A. Sole Lead Arranger and Sole Book Runner" to read as follows:

CITIBANK

Joint Lead Arranger and Sole Book Runner

FIFTH THIRD BANK, NATIONAL ASSOCIATION,

Joint Lead Arranger and Syndication Agent