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Oil and natural gas company Matador Resources has come to an agreement with one of its subsidiaries to purchase a subsidiary of Ameredev II Parent, a portfolio company of EnCap Investments. This purchase includes properties where oil and natural gas are being extracted, as well as land that has the potential for future development located in Lea County, New Mexico, and Loving and Winkler Counties, Texas.
“Matador is very excited to work with EnCap again on this strategic bolt-on opportunity,” Matador Founder, Chairman, and CEO Joseph Foran said. “As with the successful Advance Energy deal we completed in April of 2023, we view the Ameredev transaction as another unique opportunity to work with EnCap and another value-creating opportunity for Matador and its…
