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Matador Resources Closes Public Equity Offering

Matador intends to use proceeds to fund the acquisition of additional acreage in the Eagle Ford shale, the Permian Basin and the Haynesville shale.

Proceeds from the equity financing will be used to fund ongoing exploration and development activities.

Net proceeds will be used to fund its 2013 and 2014 capital expenditures and for general working capital purposes.

Net proceeds will be used to fund its pending acquisitions of additional acreage in the Permian Basin.

Net proceeds will be used to advance the drilling program at its Kakwa and Wapiti properties.

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