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PS - Matador rides Q3 high with record oil well & company high output - October 30, 2019

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Matador Resources just experienced the best quarter in its history, chairman and CEO Joseph Foran said. Production not only exceeded guidance but reached a company record. Volumes averaged 69,000 boe/d (57% oil), which was up 14% sequentially. Oil volumes rose 8% versus Q2 to 39,800 bo/d primarily because of the better-thanexpected initial performance of certain wells in the Rustler Breaks and Antelope Ridge areas. Also contributing to the increase, several wells were completed and......
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