Matador Closes $1.83B Ameredev Deal, Expands Delaware Footprint

Matador Resources Company (MTDR) announced the completion of its $1.832 billion acquisition of a subsidiary of Ameredev II Parent, LLC, adding significant assets in the Delaware Basin to its portfolio. This acquisition aligns with Matador's strategic expansion and enhances its position in a key U.S. oil and gas region. MTDR Expands Delaware Basin Footprint The Ameredev acquisition adds approximately 33,500 contiguous net acres in the Delaware Basin to MTDR's portfolio, with 82% of the acreage held by produc ...