Peak 10 Expands Midland Basin Position with Eighth Transaction Since 2023

HOUSTON, Sept. 4, 2025 /PRNewswire/ -- Peak 10 Energy announced today the closing of its acquisition of Midland Basin oil and gas assets ("Verado Assets") from Black Topaz Oil & Gas LLC and Blue Topaz Oil & Gas LLC. The transaction closed on August 29, 2025. Transaction HighlightsPeak 10's Eighth Successful A&D Transaction: The Verado acquisition marks Peak 10's eighth successful A&D transaction since the company was founded in August 2023.Advancing Strategic Objectives: The Verado acquisition further demonstrates the Peak 10 management team's ability to successfully identify, negotiate, and close opportunities across operated, non-operated, and mineral assets while maintaining their broader U.S. onshore growth strategy.Enhancing Operated Footprint with High-Value ...Full story available on Benzinga.com