Mach Natural Resources LP Announces $1.3 Billion Acquisitions in Permian and San Juan Basins

Reuters
10 Jul
<a href="https://laohu8.com/S/MNR">Mach Natural</a> Resources LP Announces $1.3 Billion Acquisitions in Permian and San Juan Basins

Mach Natural Resources LP has announced two significant acquisitions in the Permian Basin and San Juan Basin. The company has entered into definitive agreements to acquire oil and gas assets from Sabinal Energy, LLC, and entities managed by IKAV Energy Inc. The combined value of these transactions is approximately $1.3 billion, and they are expected to close in the third quarter of 2025, with an effective date of April 1, 2025. These acquisitions are set to enhance Mach's asset base and strategic multi-basin positioning, with an expected 88% increase in production. The transactions will be funded through a combination of Mach common units and cash on hand, along with borrowings under its Revolving Credit Facility. A conference call and webcast discussing the announcement is scheduled for July 10, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mach Natural Resources LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250710060081) on July 10, 2025, and is solely responsible for the information contained therein.

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