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Matador Resources announces commencement of public offering of common stock


Wednesday, 4 Oct 2017 04:06pm EDT 

Oct 4 (Reuters) - Matador Resources Co :Matador Resources Company announces commencement of public offering of common stock.Matador Resources Co - ‍commenced an underwritten public offering of 8 million shares of its common stock​.Matador Resources - intends to use net proceeds to fund purchase price for approximately 9,800 gross acres in Delaware basin.Matador Resources - intends to use proceeds from offering to fund capital expenditures for midstream initiatives in delaware basin in progress.Matador-Intends to use proceeds from offering to fund capital expenditures for midstream initiatives in Delaware basin expected to begin end of Q1 2018. 

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