KEYFACT Energy
Mach Natural Resources has announced the closing of its previously announced acquisitions of certain interests in oil and gas properties, rights and related assets in the Anadarko Basin of Kansas and the Ardmore Basin of Oklahoma.
On a combined basis, the Acquired Assets were purchased for a total consideration of $136 million, subject to customary terms and conditions, including various closing price adjustments. The Company funded the transactions with a combination of proceeds from Mach’s recent secondary offering and cash on hand.
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