Matador Resources to sell Pronto Midstream to San Mateo for $600m
Matador plans to use the cash payment to repay borrowings under its revolving credit facility.
06 December 2024
06 December 2024
Matador plans to use the cash payment to repay borrowings under its revolving credit facility.
The contracts include a new master services agreement (MSA) for engineering, procurement and construction management (EPCm) services.
This month in our digital magazine we examine the growing importance of hydrogen, Labour's plans for the UK energy mix, and renewable fuels.
These talks are part of a broader effort to strengthen energy ties between the two nations.
The company has allocated $14.5bn to $15.5bn for subsidiary capex and $1.7bn–2bn for affiliate capex.
The collaboration aims to tackle declining production in a maturing basin using combined portfolios and expertise to support the UK’s resource recovery.
The contracts encompass three discovered resource opportunities (DRO) clusters and one exploration block.
The initiative aims to bolster the company's strategic growth in the US midstream sector.
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