Matador Resources (MTDR) Issues Operational Update
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Matador Resources Company Provides Operational Update
November 13, 2023 4:15 PM ESTDALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador or the Company) today announced initial production results from its 21 Margarita wells that were acquired in connection with the purchase of Advance Energy Partners Holdings, LLC (Advance) in April 2023. In addition, Matador is pleased to announce that the lenders under San Mateo Midstream, LLCs (San Mateo) revolving credit facility have increased their commitments by $50 million from $485 million to $535 million.
Initial Well Results 21 Advance Wells
Matadors record production of over 135,000 barrels of oil equivalent (BOE) per day during the third quarter of 2023 was driven in... More
