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Matador Dishes On Eagle Ford Completion Strategy; Haynesville Costs

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Matador Dishes On Eagle Ford Completion Strategy; Haynesville Costs

Matador Resources Company has reported a third quarter 2014 update on its Eagle Ford and Haynesville operations.

Eagle Ford Shale - South Texas

At November 5, 2014, Matador is operating two drilling rigs in the Eagle Ford shale, and both are currently drilling in La Salle County. Both rigs are “walking” rigs, and Matador plans to conduct batch drilling on its Eagle Ford properties using these two rigs for the remainder of 2014.

During the third quarter of 2014, the Company completed and began producing oil and natural gas from ten gross (9.4 net) Eagle Ford wells, all of which were operated wells. Matador completed three operated Eagle Ford wells each on its Northcut and Martin Ranch leases in La Salle County, three wells on its Danysh leases in Karnes County and one well on its Lyssy…

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