HOUSTON, Nov. 01, 2016 (GLOBE NEWSWIRE) -- EV Energy Partners, L.P. (Nasdaq:EVEP) today announced that it has completed its fall 2016 semi-annual borrowing base redetermination under its revolving credit facility (“Facility”). The borrowing base was reaffirmed at $450 million and there were no changes to the existing terms or conditions of the Facility. A total of $281 million of borrowings is currently outstanding under the Facility, leaving $169 million of available capacity.

The next scheduled borrowing base redetermination will be April 2017.

About EV Energy Partners, L.P.

EV Energy Partners, L.P. is a Houston based master limited partnership engaged in acquiring, producing and developing oil and natural gas properties. More information about EVEP is available on the Internet at www.evenergypartners.com.