Matador ResourcesExit·Energy/Oil & Gas Exploration / Production·July 23, 2026
EnCap exits Paloma Permian to Matador Resources
Matador agreed to pay $1.275 billion in cash for 16,235 net undeveloped Delaware Basin acres producing about 11,100 barrels of oil equivalent per day.
Takeaways
- Paloma Permian is a Permian Basin oil and gas exploration and production company.
- EnCap Investments is selling Paloma Permian to Matador Resources.
- The target serves oil and gas production across New Mexico, United States.
BuyerMatador Resources
TargetPaloma Permian
SponsorEnCap Investments
SellerEnCap Investments
TypeExit
GeographyNew Mexico, United States
IndustryEnergy
Sub-sectorOil & Gas Exploration / Production
EnCap Investments agreed to sell Paloma Permian to Matador Resources for $1.275 billion in cash.
The Delaware Basin assets include 16,235 net undeveloped acres, estimated production of about 11,100 barrels of oil equivalent.
Buyout Desk email updates
Get Buyout Desk email updates.
Free email updates on platforms, add-ons, investments and exits. Unsubscribe anytime.