Matador Buys Paloma Permian for $1.28 Billion to Expand Delaware Basin Footprint
businessmergers-acquisitionsenergy-marketsoil 2 posts · 2 accounts
Matador announced it will buy privately held Paloma Permian from EnCap Investments for about $1.28 billion.
The transaction, revealed on Thursday, adds high-quality drilling assets to expand the company’s position in the oil-rich Delaware Basin.
From the sources (2 posts)
@staunovoMatador to buy Paloma Permian for $1.28 billion, bolsters Delaware Basin presence #oott
@reuterslegalMatador Resources said on Thursday it would buy privately held Paloma Permian from EnCap Investments for about $1.28 billion, adding high-quality drilling assets in the oil-rich Delaware Basin.