Locke Lord Represents Matador Resources Company and Midstream Affiliate in Long-Term Crude Purchase Contracts and Crude Transportation Contracts

A Locke Lord team represented Matador Resources Company and its midstream affiliate San Mateo Midstream, LLC (“San Mateo”) in long-term crude purchase contracts and crude transportation contracts with affiliates of Plains All American Pipeline, L.P. (“Plains”). San Mateo and Plains established a strategic relationship to gather and transport crude oil from Eddy County, New Mexico to Midland and other end markets and will file a joint tariff with the Federal Energy Regulatory Commission. San Mateo is a joint venture between Matador Resources Company and Five Point Capital Partners LLC, a Houston-based private equity fund. The deal was announced on Jan. 22, 2018. Additional team members included Henry Benton (Dallas) and John Arnold (Houston).
Posted on January 25, 2018