Matador Resources to Acquire Paloma Permian for $1.275 Billion
Matador Resources (MTDR) has agreed to acquire Paloma Permian, a portfolio company of EnCap Investments, in a $1.275 billion cash deal. The acquisition adds 16,235 net undeveloped acres and estimated third-quarter production of 11.1K boe/day.

Tickers: $MTDR
Topics: acquisitions oil and gas Permian Basin