secwatch.observer — SEC 8-K summary
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Issuer:     MACH NATURAL RESOURCES LP (MNR)
CIK:        0001980088
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001213900-23-085596
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mach Natural Resources acquires Anadarko Basin assets for $815M; expects Dec 29 close
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- Purchase price $815M in cash; assets include ~62,000 net acres in Oklahoma Anadarko Basin.
- Acquired PDP reserves of ~31.5 MMBoe; recent production ~32,000 boepd (23% oil, 57% liquids).
- Financing: $825M senior secured term loan led by Chambers Energy, EOC Partners, Mercuria, Farallon, Macquarie.
- Acquisition accretive to distributable cash flow; post-close Debt/EBITDA below 1.0x; reinvestment rate under 50%.
- One rig currently running in Grady County; six additional wells expected by closing date December 29, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1980088/000121390023085596/0001213900-23-085596-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1980088/000121390023085596/ea188162-8k_machnatural.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-085596

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