10 July 2025capital raising announcement▲ GoodMajor
Mach agreed to two simultaneous, transformational acquisitions: Sabinal Energy's Permian Basin assets for $500 million ($200M cash + $300M in common units) - a new basin for the company - and IKAV's San Juan Basin (New Mexico/Colorado) assets for $787.2 million ($325M cash + $462.2M in units), together valued at roughly $1.29 billion, more than half paid in unregistered common units issued directly to the sellers.