On September 29, 2025, BKV Corporation completed the acquisition of 100% of the equity interests of Bedrock Production, LLC.
The aggregate consideration paid for the acquisition was $397.7 million, with a portion consisting of cash and stock consideration.
BKV funded the acquisition through a combination of offerings, borrowings, and cash on hand.
Acquisition Details
BKV acquired Bedrock Production, LLC for $397.7 million, funded through cash and stock considerations.
Financial Funding
BKV financed the acquisition using offerings, borrowings, and available cash resources.
Pro Forma Financials
The unaudited pro forma condensed combined financial information adjusts for the acquisition and financing transactions.
- The completion of the acquisition strengthens BKV's position in the oil and natural gas sector.
- The funding structure indicates BKV's strategic approach to expanding its operations and assets.
BKV Corporation's acquisition of Bedrock Production, LLC marks a significant milestone in its growth strategy within the energy sector.