Second Quarter 2017 Earnings Release August 2, 2017 NYSE: MTDR
Headlines and Highlights for Second Quarter 2017 Record daily oil, natural gas and total production in Q2 2017 Oil equivalent production of 36,900 BOE per day, up 12% from 33,000 BOE per day in Q1 2017 Record Quarter Oil production of…
Selected Operating and Financial Results Three Months Ended June 30, March 31, June 30, 2017 2017 2016 (1) Net Production Volumes: Oil production (MBbl) 1,767 1,649 1,230 Natural gas production (Bcf) 9.6 7.9 7.9 Total oil…
Q2 2017 Oil, Natural Gas and Total Production Volumes At Record Levels Average Daily Oil Production Average Daily Natural Gas Production (Bbl/d) (MMcf/d) Oil up 6% sequentially in Q2 2017; 44% YoY Natural gas up 19% sequentially in Q2…
Significant Delaware Basin Production Growth in Last Three Years Total Production Oil Production Delaware Basin (MBOE) Delaware Basin (MBbl) BOE Production Oil Production Average Daily Total Production Average Daily Oil…
Matadors Proved Reserves 134 Million BOE at June 30, 2017(1) Haynesville/CV Haynesville/CV Haynesville/CV 13.0 MMBOE, 10% 13.5 MMBOE, 14% 13.1 MMBOE, 12% Eagle Ford Eagle Ford Eagle Ford 13.3 MMBOE, 10% 15.8 MMBOE, 17% 13.3…
Matadors 2017 Operated Drilling Program on Plan; Q2 Key Well Results TWIN LAKES 46,300 gross / 34,200 net acres Wolf/Jackson Trust D. Culbertson 234H 18 gross (12.6 net) wells in progress for 2017 First Wolfcamp D test at Twin Lakes…
Excellent Initial Test Results from Five-Well Eagle Ford Drilling Program Finished drilling and completion operations on five gross (5.0 net) well Eagle Ford shale drilling program Wells tested at 24-hr IPs ranging from 1,100 to 1,700…
Committed to Maintaining Strong Balance Sheet Preserved and enhanced liquidity through December 2016 equity and senior notes offerings and February 2017 San Mateo midstream joint venture Strong financial position and well-funded to…
Hedging Profile Remainder of 2017 Hedges(1) Oil: 2.1 million barrels hedged for remainder of 2017 at weighted average floor and ceiling prices of 45/Bbl and 56/Bbl, respectively Natural Gas: 10.5 Bcf hedged for remainder of 2017 at…
Summary and 2017 Guidance (as Revised on August 2, 2017) Ran 4 rigs in the Delaware Basin in Q1 2017 and added 5th Delaware Basin rig in April; plan to run 5 rigs in the Delaware Basin throughout remainder of 2017 Approximately 3 rigs…