Matador Resources Company /
Advance Energy Partners Holdings, LLC
Matador Resources completes Delaware Basin acquisition
- Price
- $1.6bn
- Stage
- Closed
What happened
Matador Resources Company completed the acquisition of Advance Energy Partners Holdings, LLC, including its oil and natural gas properties, undeveloped acreage and midstream assets in New Mexico and Texas.
The transaction included approximately 18,500 net acres in the northern Delaware Basin. The initial as-adjusted cash purchase price was approximately $1.6 billion.
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Matador Resources completes Delaware Basin acquisition
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