Matador Resources completed the acquisition of Ameredev from EnCap Investments for $1.9bn.

Matador Resources, an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, completed the acquisition of Ameredev, an oil and natural gas company, from EnCap Investments, a private equity firm, for $1.9bn. “Matador is very excited to work with EnCap again on this strategic bolt-on opportunity. As with the successful Advance Energy deal we completed in April of 2023, we view the Ameredev transaction as another unique opportunity to work with EnCap and another value-creating opportunity for Matador and its shareholders," Joseph Wm. Foran, Matador Founder, Chairman and CEO.