Year-End and Fourth Quarter 2017 Earnings Release February 21, 2018 NYSE: MTDR
Headlines and Highlights for Year-End and Fourth Quarter 2017 Record oil, natural gas and total production in Q4 2017 Oil production of 24,700 Bbl per day, up 5% from 23,500 Bbl per day in Q3 2017 Record Quarter Natural gas production…
Selected Operating and Financial Results Three Months Ended Year Ended December 31, September 30, December 31, December 31, December 31, December 31, 2017 2017 2016 2017 2016 2015 Net Production Volumes:(1) Oil (MBbl) 2,269 2,166…
Summary and 2018 Guidance (as provided February 21, 2018) Plan to run 6 rigs in the Delaware Basin throughout 2018 3 rigs in Rustler Breaks, 1 rig in Antelope Ridge, 1 rig in Wolf/Jackson Trust and 1 rig in Ranger/Arrowhead/Twin Lakes…
Q4 2017 Oil, Natural Gas and Total Production Volumes at Record Levels Average Daily Oil Production Average Daily Natural Gas Production (Bbl/d) (MMcf/d) 24,665 23,538 25,000 Oil up 5% sequentially; up 57% YoY 140 Natural gas up…
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 153 Million BOE at December 31, 2017(1) Haynesville/CV Haynesville/CV 13.1 MMBOE, 12% 11.4 MMBOE, 8% Haynesville/CV Eagle Ford 19.0 MMBOE, 22% 19.0 MMBOE, 22% Eagle Ford Eagle Ford 12.4 MMBOE, 8% 13.3…
Matadors 2017 Operated Drilling Program on Plan; Q4 Key Well Results TWIN LAKES 46,100 gross / 34,400 net acres 2017 Analyst Day Plan Cimarex State LF 32-5 2H Wolfcamp D test at Twin Lakes 2-mile lateral; currently being completed…
Quality Acreage Additions Throughout 2017 TWIN LAKES Permian acreage position includes 46,100 gross / 34,400 net acres 199,600 gross (114,000 net) acres, almost all in the Delaware Basin ARROWHEAD 56,600 gross / 23,400 net acres…
Committed to Maintaining Strong Balance Sheet Preserved and enhanced liquidity through October 2017 equity offering, February 2017 San Mateo midstream joint venture and December 2016 equity and senior notes offerings. Strong…
Hedging Profile Remainder of 2018 Hedges(1) Oil (WTI) Costless Collars: 2.6 million barrels hedged for remainder of 2018 at weighted average floor and ceiling prices of 44/Bbl and 60/Bbl, respectively Oil (WTI) Costless Participating…
Wells Completed and Turned to Sales During the fourth quarter of 2017, the Delaware Basin accounted for 25 gross (14.0 net) of a total 30 gross (14.1 net) horizontal wells completed and turned to sales During the year ended December…