独家:Matador 交易由地质和正确的机会驱动 [观看]

Matador Resources 首席执行官 Joe Foran 在 Hart Energy LIVE 独家节目中解释了为什么该公司 4 月份收购 Advance Energy Partners 的利润如此丰厚,以及该公司需要采取哪些措施才能进行任何其他大型交易。 

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      和乐 | 航空与直流 | 约瑟夫·WM. Foran,Matador Resources 创始人、董事长兼首席执行官

      Darren Barbee,Hart Energy 高级执行编辑:我是 Darren Barbee,Hart Energy 高级执行编辑,这是您与 Matador Resources 创始人、董事长兼首席执行官 Joe Foran 的 Hart Energy LIVE 独家报道

      因此,我想我想问的第一个问题与Advance Energy Partners 的资产与 Matador 的资产匹配 方式有关,以及为什么从交易的角度来看这是有意义的。

      Matador Resources 创始人、董事长兼首席执行官约瑟夫·福兰 (Joseph Foran):它在我们的地区,因此我们有抽水井的人员,也有管道系统,因此您节省了大量管理费用,而不必担心付钱是因为你已经在那里了。这笔交易最重要的部分是,他们在该领域的地位确实非常好,并且他们已经做了大量工作,拥有许多已准备好完成的 DUC。所以我想说,这笔交易更多地是由他们的房产质量推动的,而不是任何中游的推动。中游有所帮助。

      DB:所以地质情况确实与 Matador 已经具备的情况相符

      JF:是的。正如您从第五和第六张幻灯片中看到的那样,我们拥有许多相邻的租约,因此我们现在能够钻更多两英里的支线。我们能够再次组合工作人员,以便我们有泵工来到所有这些区域,并且他们已经熟悉了这些区域。

      DB:我知道在您的演讲中,您谈到了这样一个事实,即您最初的大部分交易都是一次性进行一英亩的增补。你认为是否会出现一种情况,或者你能想象一种情况,如果合适的机会出现的话,斗牛士会再次获得如此规模和范围的东西,或者你认为这是一次成功的尝试吗?

      JF:不,我们当然愿意进行更大的交易,但他们必须让所有部件都合适。这个恰好拥有所有这些部件,我们能够在没有这些部件的情况下接手它——我们为许多高级人员提供了工作,但他们在休斯顿。他们中的大多数人都有家庭和房屋,因此他们拒绝了这些。我们真的只买了一处,但这没关系,因为在交易期间,我们有人熟悉这些房产,而且非常顺利。

      DB:这是您的 Hart Energy LIVE 独家节目。要了解更多信息,请访问hartenergy.com

      原文链接/hartenergy

      Exclusive: Matador Deals Driven by Geology, Right Opportunity [WATCH]

      CEO of Matador Resources Joe Foran explains in this Hart Energy LIVE Exclusive why the company's April acquisition of Advance Energy Partners was so lucrative and what it would take for the company to take on any other large deals. 

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        HELE | A&DC | Joseph Wm. Foran, founder, chairman and CEO, Matador Resources

        Darren Barbee, senior managing editor, Hart Energy: I'm Darren Barbee, senior managing editor at Hart Energy, and this is your Hart Energy LIVE Exclusive with Joe Foran, founder, chairman and CEO for Matador Resources.

         So I guess the first question I wanted to ask was related to the way the Advance Energy Partners’ assets matched up with Matador's and why that made sense from a deal perspective.

        Joseph Foran, founder, chairman and CEO, Matador Resources: It was in our area so that we had the personnel that were pumping the wells and we had the pipeline system, so you just saved a lot of overhead that you didn't have to pay for because you were already there. The most important part of the deal was that their position in that area had really good rock and that they had done substantial work, had a number of DUCs that were ready to come on by completion. So I would say the deal was driven more by the quality of their properties than by any of the midstream. The midstream helped.

        DB: So the geology really matches up with what Matador already had in place.

        JF: Yeah. We own a lot of the adjoining leases, as you saw from that slide five and six, and so we're able now to drill more two mile laterals. We're able to combine again, the work crews so that we have pumpers coming over all those areas and they're already familiar with the properties.

        DB: I know during your presentation you talked about the fact that most of your original deals, you were doing an acre at a time in terms of bolt-ons. Do you think there'd be a situation or can you envision one in which Matador would acquire something of this size and scope again, if the right opportunity came along, or do you think this was a one shot?

        JF: No, certainly we'd be open to doing even larger deals, but they've got to have all the parts fit. This one happened to have all those parts and we were able to take it on without having—we offered jobs to many of the Advance people, but they were in Houston. Most of them had families and homes, and so they declined those. We only really picked up one, but that was okay because we had people during this interim while the deal was under contract that came familiar with the properties, and it's been real smooth.

        DB: That's your Hart Energy LIVE Exclusive. To learn more, go to hartenergy.com.