Matador Resources Acquires Delaware Basin Acreage in $1.1B Lease Sale

Matador Resources (MTDR) acquired 5,154 net undeveloped acres in the Delaware Basin for $1.14 billion as part of a Bureau of Land Management oil and gas lease sale. The company's stock rose 1.5% post-market following the announcement.

By Carl Surran, SA News Editor · Seeking Alpha · May 21, 2026, 22:42 UTC

Matador Resources Acquires Delaware Basin Acreage in $1.1B Lease Sale

Tickers: $MTDR

Topics: acquisitions BLM lease sale oil and gas

Read the full article at Seeking Alpha

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