Matador Resources Company (NYSE: MTDR) has announced the appointment of Paul W. Harvey to its board of directors. Mr. Harvey, a former chief investment officer and senior portfolio manager with Vaquero Private Wealth in Dallas, Texas, brings with him over four decades of investment experience, particularly in the oil and gas sector.
Mr. Harvey's appointment is expected to bring valuable insights to the board, given his extensive experience as an investor in oil and gas, including Matador. He has been a shareholder in Matador or its predecessor for over 40 years and has actively assisted with shareholder communications.
The board has appointed Mr. Harvey to serve on the audit committee, the capital markets and finance committee, and the marketing and midstream committee.
Matador Resources Company is an independent energy company focused on the exploration, development, production, and acquisition of oil and natural gas resources in the United States. Its current operations are primarily focused on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in southeast New Mexico and west Texas. Additionally, Matador operates in the Eagle Ford Shale play in south Texas and the Haynesville Shale and Cotton Valley plays in northwest Louisiana. The company also conducts midstream operations to support its exploration, development, and production operations, providing natural gas processing, oil transportation services, natural gas, oil and produced water gathering services, and produced water disposal services to third parties. The market has reacted to these announcements by moving the company's shares 0.9% to a price of $60.16. If you want to know more, read the company's complete 8-K report here.
