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Energy

Matador Details Its Paloma Integration After Closing a $1.255 Billion Delaware Basin Deal

The purchase adds about 16,500 net acres in Eddy and Lea counties and more than 156 net locations, and the company plans to pay down $350 million to $400 million of credit facility borrowings.

PR

By Priya Raghavan

Oct 6, 2026 · 2 min read

Matador Resources set out integration details on Monday for its purchase of Paloma Permian, an EnCap Investments portfolio company, confirming a closing price of $1.255 billion and laying out how the acreage fits its New Mexico drilling program.

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Priya Raghavan

Corporate Insider Inc.

Priya Raghavan writes for Corporate Insider Inc.

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