FORT WORTH, Texas--TXO Partners, L.P. $(TXO)$ has announced a definitive agreement to acquire producing assets in the Elm Coulee field in the Williston Basin from White Rock Energy, LLC, a portfolio company of Quantum Capital Group. The acquisition, valued at approximately $350 million with $70 million deferred for one year, will be in partnership with North Hudson Resource Partners LP, which will acquire a 30% non-operated interest. This transaction is set to enhance TXO's production with approximately 6,800 daily barrels of oil equivalent, predominantly liquid, and increase Proved Developed reserves to 25,000 Mboe. The transaction is anticipated to close in the third quarter of 2025, subject to customary conditions. TXO aims to strengthen its presence in the Elm Coulee field, bolstered by the field's estimated 4 billion barrels of oil in place and strong well economics.