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PS - Matador clears its second planned 2020 production milestone - June 24, 2020

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Matador Resources expects to reach four production milestones this year. The first came when the initial Rodney Robinson wells in Lea County, New Mexico, started up in March. These six wells, located on US Bureau of Land Management acreage in the western portion of the Antelope Ridge area, delivered record initial 24-hour rates totaling 15,000 bo/d and 25 MMcf/d—about 19,000 boe/d (78% oil), or 3,200 boe/d each— from three formations. As of late June,......
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