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Mach Resources Buys San Juan Gas Asset for $787 Million

Announced Date
July 10,2025
Deal Value $
787,000,000
Net Acres
570,000
Transaction Type
Asset
Buyer
Seller
Not Disclosed
Price Per BOE $
40,000
Source Documents:
   Source Link
Location
Region
Rockies - San Juan Basin

Country
United States

State
Colorado

Play


Production
Production
60,000 Boe/d

Production Mix
94 % Gas


Multiples
Production ($/boe/d)
13,117

$Price/Net Acre
1,381

Adj. $/acre is based on production @40,000 Boe/d

Transaction Details: 

Mach has agreed to purchase IKAV San Juan for an $787 million. 

Mach expects to fund the transaction with IKAV San Juan with $462 million in stock and the balance to be funded through a combination of cash on hand and borrowings under its Revolving Credit Facility.

IKAV San Juan’s assets include approximately 570,000 net acres. 

First quarter 2025 average production was approximately 60 Mboe/d, of which 6% liquids, 94% was natural gas.



Other Rockies - San Juan Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
May-28-2020 - - Click here Colorado  E&P
Feb-18-2019 - - Click here Colorado  E&P
Oct-01-2018 - - Click here New Mexico  E&P
Feb-05-2018 - - Click here Colorado  E&P
Dec-08-2017 - - Click here Colorado  E&P

Price History



Date Deal Headline Price$/acre
May-28-2020 MorningStar Acquires Bankrupt Southland Royalty's Assets for $11.3MM - -
Oct-01-2018 Encana Sells Off San Juan Assets for $480 Million - -
Feb-05-2018 PE-Backed E&P Acquires San Juan BasinProperty for $700 Million - -

Other Mach Resources Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jul-10-2025 - - Click here Texas  E&P
Mar-02-2022 - - Click here Oklahoma  E&P
Apr-08-2020 - - Click here Oklahoma  E&P
Jul-16-2019 - - Click here Oklahoma  E&P
May-22-2019 - - Click here Kansas  E&P