Five Point Energy and Matador Form San Mateo II

Five Point Energy and Matador Form San Mateo II

February 25, 2019

HOUSTON, Texas, February 25, 2019 – Five Point Energy LLC (“Five Point”) today announced the formation of a new strategic joint venture, San Mateo Midstream II, LLC (“San Mateo II”), in partnership with a wholly-owned subsidiary of Matador Resources Company (NYSE: MTDR) (“Matador”). San Mateo II is the second midstream partnership between Five Point and Matador and, similar to San Mateo Midstream I (together with San Mateo II, “San Mateo”), will provide natural gas gathering and processing, crude oil gathering, and produced water gathering and disposal solutions to E&Ps throughout the Northern Delaware Basin.

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