Locke Lord Represents Matador Resources Company in Delaware Basin Contracts With San Mateo Midstream

A Locke Lord team represented Matador Resources Company in a group of long-term natural gas, crude oil and produced water midstream contracts with San Mateo Midstream LLC involving Matador’s properties in the Delaware Basin. San Mateo Midstream LLC is a newly-formed entity that is the result of a joint venture between Matador Resources Company and Five Point Capital Partners LLC, a Houston-based private equity fund. Funding for the joint venture includes an initial cash consideration of $176.4 million by Five Point and certain of its co-investors. The deal was announced on Feb. 17, 2017. The Locke Lord team included Henry Benton (both of Dallas), John Arnold and Patrick Beaton (both of Houston).
Posted April 7, 2017