Mach Natural Resources LP (MNR) Launches 7.85M Unit Offering

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Go back to Mach Natural Resources LP (MNR) Launches 7.85M Unit Offering

Mach Natural Resources LP Announces Launch of Public Offering of Common Units

September 4, 2024 8:58 AM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- Mach Natural Resources LP (NYSE: MNR) (Mach or the Company) announced today the launch of its public offering (the Offering) of 7,853,403 common units representing limited partner interests in Mach (the common units). Mach will also grant the underwriters an option to purchase up to an additional 1,178,010 common units at the public offering price, less underwriting discounts and commissions. Mach intends to use the net proceeds from the Offering to fund its two pending acquisitions of certain oil and gas assets located in the Ardmore Basin of Oklahoma and the Anadarko Basin of... More