secwatch.observer — SEC 8-K summary
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Issuer:     Vitesse Energy, Inc. (VTS)
CIK:        0001944558
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001944558-23-000078
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vitesse Energy acquires ~$50M Williston Basin assets; raises Q4 2023 production guidance to 12,300-13,000 Boe/d
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- Acquired additional oil and gas interests in Williston Basin for ~$50 million in acquisition and development capex, primarily Q3-Q4 2023.
- Q4 2023 production avg 12,300-13,000 Boe/d (up from ~11,000 in Q3); full-year 2023 production 11,500-11,700 Boe/d; capex $110-$130M.
- Preliminary 2024 outlook: production 12,500-13,500 Boe/d, total capex $90-$110M.
- Added oil swaps: 75k bbl Q4 2023 at $85.54/bbl, 695k bbl 2024 at $81.83/bbl; now 51% of Q4 2023 oil hedged, 41% of 2024 hedged.
- CEO says acquisitions accretive to free cash flow and supportive of dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1944558/000194455823000078/0001944558-23-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1944558/000194455823000078/vitesse-20231009.htm
  HTML page:      https://secwatch.observer/filing/0001944558-23-000078

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