Anadarko Basin-focused BCE-Mach III LLC is beefing up its natural gas-weighted assets with a deal to add 18,200 net acres and 17 MMcfe/d to its portfolio amid high commodity prices. 


The company, a partnership of Houston-based Bayou City Energy Management LLC and Oklahoma City-based Mach Resources LLC, said this week it recently closed on the deal. The acquired assets consist of producing properties primarily across Blaine, Custer and Dewey counties in Oklahoma and include about 4,400 net royalty acres. Financial terms and the seller were undisclosed.

“We remain active and successful in closing acquisitions that fit our profile,” said Mach CEO Tom Ward, who also co-founded Chesapeake Energy Corp. and SandRidge Energy Inc.  

“In early 2021, BCE-Mach made a concerted effort to...