Matador Resources Company (NYSE:MTDR) is a quickly growing oil and gas E & P company. It has 29,149 net acres in South Texas (mostly the Eagle Ford), 61,951 net acres in Southeast New Mexico and West Texas (the Permian Basin), 25,028 net acres in Northwest Louisiana and East Texas (the Haynesville and the Cotton Valley), and 36,004 net acres in Wyoming, Utah, and Idaho. The above properties total 152,132 net acres.
Total proved oil and gas reserves were 57.2 million Boe as of June 30, 2014. Proved oil reserves increased 54% to 18.6 million barrels as of June 30,2014. What may be best is that a lot of MTDR's leases in its biggest leaseholdings area, the Permian, are...
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