Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 376

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 376
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4 |     |   |    2023 |
|:-----------------------------------------------------------------|:----|:------------------------|-------:|:----|:--|--------:|
| Supplemental cash flow information:                              |     |                         |        |     |   |         |
| Cash paid for interest                                           |     | $                       | 49,734 |     | $ |  24,944 |
| Non-cash investing and financing activities:                     |     |                         |        |     |   |         |
| Capital expenditures in accounts payable and accrued liabilities |     | $                       | 26,847 |     | $ |  25,335 |
| Insurance financing                                              |     | $                       |  1,014 |     | $ |     722 |
| Asset retirement obligations additions                           |     | $                       |    558 |     | $ |   3,746 |
| Equity contribution related to acquisitions                      |     | $                       |      - |     | $ | 215,000 |

4. Asset Acquisitions On May 10, 2024, the Company acquired certain produced water and supply water handling, transportation, and water disposal assets in Loving and Winkler Counties, Texas and in Lea County, New Mexico. The produced water handling assets consist of disposal wells and associated handling facilities and approximately 45 miles of produced water pipelines. The supply water assets consist of wells, ponds and associated facilities and approximately 53 miles of pipelines. The assets were acquired from a private third-party seller for total purchase consideration of $165.8 million, inclusive of $0.9 million in transaction costs. The total purchase consideration was attributed to intangible asset value of $99.8 million, produced water assets of $36.2 million, supply water assets of $25.3 million, and other assets of $4.5 million. On November 21, 2024, the Company acquired approximately 100 acres of land in Eddy County, New Mexico from a private, third-party seller, for total purchase consideration of $0.6 million. The purchase consideration was all attributed to land value. In May 2023, as part of the Contribution Agreement, Devon contributed 18 disposal wells and associated handling facilities, and 259 miles of produced water pipelines and associated facilities to the Company valued at $215.0 million. For the period ended December 31, 2023, the Company incurred $0.8 million of related transaction costs. The purchase consideration was