Matador Resources Company (MTDR) has unveiled a strategic acquisition, aimed at expanding its footprint in the Delaware Basin. A wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC, encompassing oil and natural gas properties and undeveloped acreage in Lea County, NM, and Loving and Winkler Counties, TX. This acquisition will also include an approximate 19% stake in Pinon Midstream, LLC, with midstream assets in southern Lea County, N ...