Matador Revealed As Top Bidder In BLM New Mexico Auction

摘要

MATADOR RESOURCES CO. revealed itself on Sept. 12 as the mystery top bidder of Permian acreage in the recent federal oil and gas lease sale in New Mexico that shattered old bidding records. During the Bureau of Land Management (BLM) auction held Sept. 5 and 6, Matador said it successfully acquired 8,400 gross/net acres for about $387 million, or a weighted average cost of roughly $46,000 per net acre, in Lea and Eddy counties, N.M. Federal Abstract Co., a Santa Fe, N.M.-based company which offers a service to allow buyers to remain anonymous, made the purchases for Matador.