TXO closes $338.6M Elm Coulee acquisition, upsizes credit facility to $410M, declares Q2 distribution $0.45/unit

TXO Partners, L.P.

Acquired producing oil and gas assets in Elm Coulee field (MT/ND) from White Rock Energy for $338.6M cash; $70M deferred to July 31, 2026.
Borrowing base on senior secured credit facility increased from $275M to $410M; maturity extended to August 30, 2029.
Quarterly distribution of $0.45 per common unit declared for Q2 2025, payable Aug 22 to holders of record Aug 15.
Post-acquisition production volumes exceed 10,000 barrels oil per day; portfolio includes over 100 horizontal drilling locations.

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