MTDR Matador Resources Company Announces Strategic Delaware Basin Acquisitions and Successful Woodford Exploration Well Results
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10:32:07 AM UTC
SquawkNews
MTDR matador resources company announces strategic Delaware basin acquisitions and successful woodford exploration well results Matador resources Co - to buy paloma Permian in southeast New Mexico - Paloma acquisition valued at $1.27B in cash - Paloma acquisition includes 16,235 net acres and 11,100 BOE/d Q3 estimated production - To buy undeveloped woodford acreage from Ridge runner resources II Matador: paloma and Ridge runner deal expected to be funded via cash on hand & borrowings under matador's existing rbl credit facility
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