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Mach Natural Resources LP Announces Successful Closing of Acquisitions in the Permian Basin and San Juan Basin; Provides Updated Outlook

1. MNR completed acquisition of oil and gas assets from Sabinal and IKAV. 2. CEO Tom L. Ward highlighted the significance of the transactions.

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$13.5809/16 04:51 PM EDTEvent Start
$13.5809/16 08:50 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquisitions generally enhance asset base and revenue potential. Similar past acquisitions have positively influenced stock prices.

How important is it?

The completed transactions significantly enhance MNR's asset portfolio, likely boosting investor confidence.

Why Long Term?

Gains from acquisitions are expected to materialize over time as operations integrate and revenue grows.

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SBNLIKAV
OKLAHOMA CITY--(BUSINESS WIRE)--Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) announced today the completion of its previously announced transactions (collectively, the “Transactions”) consisting of the acquisition of certain oil and gas assets from Sabinal Energy, LLC (“Sabinal”) and the acquisition of entities owning oil and gas assets managed by IKAV Energy Inc (collectively “IKAV San Juan”). Tom L. Ward, Chief Executive Officer of Mach, commented, “Today marks an important.

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