secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2026-07-20T20:07:33+00:00
Accession:  0001104659-26-085065
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnolia provides updated WildFire acquisition details: 810K net acres, 53 MBoe/d production
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- Acquiring 100% of WildFire Intermediate Holdings; assets cover ~810,000 net acres in East Texas.
- Seller's Q2 2026 production expected ~53 MBoe/d (70% oil); Magnolia's Q2 production ~106 MBoe/d (40% oil).
- Seller's proved developed reserves: 100.3 MMBbls oil, 139.8 MMBoe total; total proved: 196.5 MMBbls oil, 271.2 MMBoe.
- Magnolia had $295.9M cash and no borrowings under RBL as of June 30, 2026.
- Preliminary Q2 2026 capex: Magnolia $125M, Seller $110-120M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000110465926085065/0001104659-26-085065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000110465926085065/tm2620557d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085065

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