Pull to refresh
Logo
Daily Brief
Following Why Ranks Sign Up
JF

Joseph Wm. Foran

Founder, Chairman and Chief Executive

Appears in 1 story

Notable Quotes

"Matador is excited to announce this catalyst and the expansion of our Delaware Basin asset base with these assets from Paloma, a successful and respected exploration firm in the Permian Basin." — Joseph Wm. Foran

Stories

Matador keeps buying up the Permian Basin

Money Moves

Leading Matador's Permian expansion

Matador Resources will pay $1.275 billion in cash for Paloma Permian, a New Mexico oil driller owned by private equity firm EnCap Investments. It is the fourth time in three years Matador has bought an EnCap-backed company to grow in the Permian Basin.

Updated 1 hour ago