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Matador Resources Joint Venture Strikes $752 Million Deal For Delaware Basin Assets
Layten Praytor 2h agoDM
D Magazine
In a $752 million agreement, San Mateo Midstream will acquire the operating subsidiaries of Cardinal Midstream Partners. San Mateo is a joint venture between Matador Resources Company and Five Point Infrastructure. Cardinal is a portfolio company of EnCap Flatrock Midstream. The acquisition is expected to expand San Mateo’s designed natural gas production capability to one … Continued
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