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Matador Resources to buy Paloma Permian for $1.3 billion

Matador Resources to buy Paloma Permian for $1.3 billion

- Matador Resources MTDR.N said on Thursday it would acquire privately held Paloma Permian LLC from EnCap Investments for about $1.28 billion in cash.


(Reporting by Sumit Saha in Bengaluru; Editing by Leroy Leo)

((Sumit.Saha@thomsonreuters.com;))

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