secwatch.observer — SEC 8-K summary
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Issuer:     MACH NATURAL RESOURCES LP (MNR)
CIK:        0001980088
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0001213900-23-099439
Event type: m_and_a
Sentiment:  positive
Materiality: 0.78
Item codes: 1.01, 2.01, 1.02, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mach closes $815M Paloma Anadarko Basin acquisition; funds with $825M term loan, $75M revolver
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- Purchased interests in Oklahoma oil and gas properties from Paloma Partners IV, LLC for ~$815M cash.
- New $825M term loan (Chambers Energy, EOC, Mercuria, Farallon, Macquarie, Texas Capital) plus $75M MidFirst revolver.
- Prior credit agreement repaid and terminated; revolving facility undrawn at close.
- Hedge positions as of Dec 29 include oil swaps ($71.80–$78.92/bbl) and gas swaps ($2.94–$4.36/mmbtu) through 4Q25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1980088/000121390023099439/0001213900-23-099439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1980088/000121390023099439/ea190832-8k_machnatural.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-099439

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer