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Mach Natural Resources LP Announces Proposed IPO

Published 2023-10-05, 05:48 p/m
© Reuters.

Mach Natural Resources LP (MNR) has filed for a proposed IPO of common units.

The company describes itself as: "We are an independent upstream oil and gas company focused on the acquisition, development and production of oil, natural gas and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas. Our experienced management team, led by industry veteran Tom L. Ward, possesses deep operational and industry experience, particularly in Oklahoma and the Anadarko Basin. We leverage our extensive experience to identify the most attractive exploitation and development opportunities and optimize the production of current wells, efficiently drill our existing inventory of undeveloped locations and identify attractive low-risk acquisition opportunities."

Stifel and Raymond James will serve as underwriters.

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