Matador Resources Acquires 5,154 Net Acres in Delaware Basin for $1.14 Billion
Matador Resources has acquired approximately 5,154 net acres in the Delaware Basin through a recent U.S. Bureau of Land Management lease sale at an estimated cost of $1.14 billion. The acquisition includes over 141 operated drilling locations and is expected to enhance operational efficiency due to its proximity to existing assets.
Tickers: $MTDR
Topics: acquisition Delaware Basin Matador Resources oil and gas