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BCE-Mach II LLC

Company Summary

Description

Mach Resources LLC (“Mach”) and Bayou City Energy Management LLC (“BCE”) have announced the formation of BCE-Mach II LLC (“BCE-Mach II”). The partnership will focus on acquisition opportunities of low-risk, high cash flowing oil and gas properties with drilling inventory in the Western Anadarko Basin spanning across western Oklahoma and the Texas Panhandle.

Operational Regions

  • Anadarko Basin

Related Entities

Recent news

  • 12/10/2021 - BCE-Mach Acquires $66.5... (subscriber access)
  • 12/10/2021 - BCE-Mach Reports 3Q21... (subscriber access)
  • 10/29/2018 - Mach Resources and Bayou... (subscriber access)

Company Transactions

Date: 3/31/2022
Type: Acquisition

BUYERS:
  • BCE-Mach II LLC
  • BCE-Mach III LLC
  • BCE-Mach, LLC
    • DETAILS:

    COST: 66.5 $MM

    NOTES:
    BCE-Mach reported the signing of two deals valued at $66.5 million to add new holdings in Oklahoma and Kansas. The first deal includes a higher stake in 61 wells that BCE operates in Kingfisher County, Oklahoma. The second deal includes Mississippi Lime assets in Kansas that span 66,000 net acres and 193 operated wells.
    REGIONS:
  • Oklahoma STACK Play
  • Mississippi Lime