Matador Resources Closes Billion-Dollar Paloma Acquisition, Expands Delaware Basin Footprint

Matador Resources Closes Billion-Dollar Paloma Acquisition, Expands Delaware Basin Footprint

Matador Resources Company has closed its $1.255 billion acquisition of Paloma Permian, a portfolio company of EnCap Investments. The transaction adds approximately 16,500 net, primarily undeveloped acres in Eddy and Lea Counties, New Mexico, to Matador’s portfolio.  The acquisition brings over 156 net locations normalized to two-mile laterals, 59 approved drilling permits, and strong initial … Continued

Matador's $1.3 B Paloma Deal is beating expectations - Energy News Beat

Matador Resources closed its acquisition of EnCap-backed Paloma Permian on October 1, 2026, for $1.255 billion in cash, subject to customary post-closing adjustments. The deal, announced in July at a headline consideration of $1.275 billion, is already beating the company’s own underwriting on the producing wells, while adding a large block of high-quality undeveloped inventory in the core of the Delaware Basin.

Matador adds 156 net Delaware Basin locations as Paloma deal closes

Matador Resources completed its acquisition of Paloma Permian for $1.255 billion in cash, subject to customary post-closing adjustments. The purchase adds approximately 16,500 net primarily undeveloped acres in Eddy and Lea Counties, New Mexico, most of it held by production. The acreage brings more than 156 net locations, normalized to two-mile laterals, across nine or …

Matador closes $1.26-billion Paloma acquisition, adds 156 Delaware basin drilling locations

Matador Resources has closed its $1.255 billion Paloma acquisition, adding 16,500 net acres and more than 156 Delaware Basin drilling locations, with plans to begin drilling up to 25 wells by year-end 2027.