Matador Resources Company completes acquisition of Ameredev II Parent, LLC's oil and natural gas properties in Delaware Basin
Acquiring Company
Matador Resources
DallasEnergyOil And GasNatural ResourcesDescription
Matador Resources Company (NYSE: MTDR) has announced the acquisition of Ameredev II Parent, LLC, including oil and natural gas producing properties, undeveloped acreage, and a stake in Piñon Midstream, LLC. The $1.905 billion cash acquisition is expected to strengthen Matador's position in the Delaware Basin and add significant reserves to its portfolio.
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