Matador Resources Company completes acquisition of Ameredev II Parent, LLC's oil and natural gas properties in Delaware Basin
Jun 12, 2024•over 1 year ago
Acquiring Company
Matador Resources Company
Acquired Company
Ameredev II Parent
Description
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.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
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Post-acquisition investment
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Success factor
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