Matador Resources closes $1.26 billion Paloma acquisition
Matador Resources (MTDR) completed its $1.26 billion acquisition of Paloma Permian, adding 16,500 net acres in New Mexico. The deal includes 156 net drilling locations and 59 approved permits. Matador expects to start drilling up to 25 wells by year-end 2027 and plans to reduce its credit facility by $350-400 million post-closing.





