Third Quarter 2017 Earnings Release November 6, 2017 NYSE: MTDR
Headlines and Highlights for Third Quarter 2017 Daily oil, natural gas and total production were all record numbers in Q3 2017 and up more than expected from Q2 2017 Total oil equivalent production of 42,000 BOE per day, up 14% from…
Selected Operating and Financial Results Three Months Ended September 30, June 30, September 30, 2017 2017 2016 (1) Net Production Volumes: Oil production (MBbl) 2,166 1,767 1,376 Natural gas production (Bcf) 10.2 9.6 8.0 Total…
Q3 2017 Oil, Natural Gas and Total Production Volumes At Record Levels Average Daily Oil Production Average Daily Natural Gas Production (Bbl/d) (MMcf/d) 23,538 Oil up 21% sequentially in Q3 2017; 57% YoY Natural gas up 5% sequentially…
Significant Delaware Basin Production Growth in Last Four 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 146 Million BOE at September 30, 2017(1) Haynesville/CV Haynesville/CV 11.8 MMBOE, 8% Haynesville/CV 13.1 MMBOE, 12% 13.4 MMBOE, 13% Eagle Ford Eagle Ford Eagle Ford 13.3 MMBOE, 13% 11.4 MMBOE, 8% 14.2…
Matadors 2017 Operated Drilling Program on Plan; Q3 Key Well Results TWIN LAKES Cimarex State LF 32-5 2H 46,300 gross / 34,900 net acres Wolf/Jackson Trust Wolfcamp D test at Twin Lakes 2-mile lateral 18 gross (12.6 net) wells in…
Quality Acreage Additions Throughout 2017 TWIN LAKES Permian acreage position includes 46,300 gross / 34,900 net acres 201,100 gross (115,700 net) acres, almost all in the Delaware Basin ARROWHEAD 57,200 gross / 23,500 net acres…
Committed to Maintaining Strong Balance Sheet Preserved and enhanced liquidity through October 2017 equity offering, December 2016 equity and senior notes offerings and February 2017 San Mateo midstream joint venture Strong financial…
Hedging Profile Remainder of 2017 Hedges(1) Oil (WTI): 0.8 million barrels hedged for remainder of 2017 at weighted average floor and ceiling prices of 45/Bbl and 56/Bbl, respectively Natural Gas: 4.2 Bcf hedged for remainder of 2017…
Summary and 2017 Guidance (as Revised on November 6, 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 the remainder of 2017 Approximately 3…