Matador Resources Closes Paloma Acquisition
October 1, 2026
Matador Resources announced it has closed its previously announced acquisition of Paloma Permian LLC from EnCap Investments for $1.255 billion subject to post-closing adjustments. The closed deal adds approximately 16,500 net primarily undeveloped acres in Eddy and Lea Counties, New Mexico, and expands Matador’s Delaware Basin footprint.
- Targets
- Paloma Permian LLC
- Sellers
- EnCap Investments L.P.
- Industry
- Oil & Gas
- Location
- New Mexico, United States
- Transaction Type
- Buyout
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