Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MACH NATURAL RESOURCES LP entered into PSA with Paloma Partners IV, LLC valued at $815,000,000 (effective 2023-11-10).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Paloma Partners IV, LLC
- Value
- $815,000,000
- Effective
- 2023-11-10
Exact text from the filing
On November 10, 2023, Mach Natural Resources LP (the “Company”) entered into a purchase and sale agreement (the “PSA”) with Paloma Partners IV, LLC, a privately-held Delaware limited liability company backed by EnCap Investments L.P., and its affiliated companies (the “Sellers”) pursuant to which the Company agreed to purchase from the Sellers certain interests in oil and gas properties, rights and related assets located in Blaine, Caddo, Canadian, Custer, Dewey, Grady, Kingfisher and McClain Counties, Oklahoma (the “Assets”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MACH NATURAL RESOURCES LP entered into Term Loan Facility with syndicate of financial institutions valued at $825,000,000 (effective 2023-11-10).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- syndicate of financial institutions
- Value
- $825,000,000
- Effective
- 2023-11-10
Exact text from the filing
the Company entered into a debt commitment letter, dated November 10, 2023, with a syndicate of financial institutions (the “Lenders”), pursuant to which the Lenders have committed, subject to satisfaction of the conditions set forth therein, to provide the Company with a senior secured term loan facility in an aggregate principal amount of $825,000,000 (the “Term Loan Facility”).
View on SEC.gov