Deals, Mergers & Acquisitions Matador Resources Company has announced the acquisition of Permian Basin oil and gas properties from Ameredev II Parent, LLC for $1.9 billion. This deal includes a 19% stake in Piñon Midstream and enhances Matador's existing portfolio with high-quality assets in Lea County, New Mexico, and Loving and Winkler Counties, Texas.
With this acquisition, Matador's Delaware basin acreage will exceed 190,000 net acres, producing over 180,000 boed with proved reserves surpassing 580 MMboe. The acquisition is strategically…Oil and Gas M&A Momentum Continues to Build
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