On June 30th, 2022, BCE-Mach closed two acquisitions for a combined $88 million. These acquisitions will add ~3,000 boe/d (45% liquids) across ~1,000 operated wells. The acquired assets span across Western Oklahoma and the Texas Panhandle and have a minimal (~5%) decline profile. Along with the upstream properties acquired, BCE-Mach is adding a 500-mile gathering …
OKLAHOMA CITY–(BUSINESS WIRE)-BCE-Mach LLC, BCE-Mach II LLC and BCE-Mach III LLC (collectively “BCE-Mach”) have executed purchase and sale agreements for two acquisitions totaling $66.5 million with both expected to close in the first quarter of 2022. These acquisitions are expected to add $26.4 million of 2022 cash flow at recent prices. Representing its fourth acquisition …
OKLAHOMA CITY–(BUSINESS WIRE)–BCE-Mach III LLC recently closed an acquisition of approximately 18,200 net acres (98 percent held by production) of producing properties primarily across Blaine, Custer and Dewey Counties, Oklahoma. The bolt-on acquisition includes approximately 4,400 net royalty acres and approximately 17mmcfe/d of production. BCE-Mach III LLC was formed in early 2020 and has now …
OKLAHOMA CITY–(BUSINESS WIRE)–On May, 17, 2021, BCE-Mach III LLC recently signed a purchase and sale agreement to acquire producing properties in Western and Southern Oklahoma and the Texas Panhandle from Cimarex Energy. The acquisition, expected to close in June 2021, also includes two gas gathering and processing assets located in Southern Oklahoma. BCE-Mach III LLC …
BCE-Mach III LLC to Acquire Oklahoma and Texas Properties from Cimarex Energy Read More »
OKLAHOMA CITY–(BUSINESS WIRE)–On April, 9, 2020, BCE-Mach III LLC closed the acquisitions of both the upstream assets of Alta Mesa Holdings, LP and its subsidiaries (“AMH”) and the midstream assets of Kingfisher Midstream, LLC and its subsidiaries (”KFM”), which are principally located in Kingfisher County, Oklahoma. The acquisitions of AMH and KFM represent the first …
OKLAHOMA CITY–(BUSINESS WIRE)–BCE-Mach III LLC (“BCE-Mach III”), the third partnership between Bayou City Energy Management LLC (“BCE”) and Mach Resources LLC (“Mach”), has executed Purchase and Sale Agreements to acquire substantially all of the upstream oil and gas assets of Alta Mesa Holdings, LP and its subsidiaries (“AMH”), and the midstream assets of Kingfisher Midstream, …
