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Matador Resources prices IPO at $12, below the range

February 2, 2012

Matador Resources, an oil and gas E&P focused on the Haynesville and Eagle Ford shales, raised $160 million by offering 13.3 million shares at $12, below the range of $14 to $16. Matador Resources plans to list on the NYSE under the symbol MTDR. RBC Capital Markets and Citi acted as lead managers on the deal.