Deal snapshot: Matador Resources to Acquire New Mexico Midstream Assets for USD 75m.

MANews-(C)2009-2022

A subsidiary of US-based Matador Resources Company (NYSE: MTDR) has entered into a definitive agreement with a wholly-owned subsidiary of Summit Midstream Partners, LP to acquire Summit's Lane Gathering and Processing System in Eddy and Lea Counties, New Mexico for USD 75m, the company said.

In connection with the transaction, the company will assume certain takeaway...

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