secwatch.observer — SEC 8-K summary
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Issuer:     MACH NATURAL RESOURCES LP (MNR)
CIK:        0001980088
Form:       8-K/A
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001213900-23-085932
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 to acquire Anadarko Basin assets for $815M; financing secured
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- Purchase price $815M cash for 62,000 net acres in Oklahoma; expected close Dec 29, 2023.
- PDP reserves corrected to ~75 MMBoe; current production ~32,000 Boepd (23% oil, 57% liquids).
- Funded by $825M senior secured term loan from group led by Chambers Energy, EOC Partners, and others.
- Acquisition described as accretive to cash available for distribution and expected distribution per unit.
- Post-close Debt/EBITDA expected to remain below 1.0x; reinvestment rate under 50%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1980088/000121390023085932/0001213900-23-085932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1980088/000121390023085932/ea188236-8ka1_machnatural.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-085932

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