Mach Resources Buys San Juan Gas Asset for $787 Million
Announced Date
July 10,2025
Deal Value $mm
787
Net Acres
570,000
Transaction Type
Asset
Buyer
Seller
Price Per BOE $
40,000
Location
Deal Metrics
Region
Rockies - San Juan Basin
Country
United States
State
Colorado
Play
San Juan Basin
Production & Reserves Production
60,000 Boe/d
Deal Metrics
$/Daily BOE
13,116.66
$/Acre
-2,829.82
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.