Matador Resources acquires Permian oil and gas drilling prop

Matador Resources acquires Permian oil and gas drilling properties in $1.9 billion deal

Matador expects to have over 190,000 net acres in the Delaware basin, part of the greater Permian basin, producing over 180,000 boed, with proved reserves exceeding 580 MMboe. The enterprise value of the combined company is projected to exceed $10 billion.

Related Keywords

Delaware , United States , New Mexico , Lea County , Texas , , Ameredev Ii Parent , Matador Resources Company , Winkler Counties , Antelope Ridge , West Texas ,

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