Matador Resources Company Prices 13.33M Share IPO at $12.00

Matador Resources Company announced today the pricing of its initial public offering of 13,333,334 shares of its common stock at $12.00 per share. The shares are expected to begin trading on the New York Stock Exchange on February 2, 2012 under the ticker symbol "MTDR." An aggregate of 11,666,667 of these shares are being sold by Matador and 1,666,667 of these shares are being sold by certain named selling shareholders. In addition, the underwriters have a 30-day over-allotment option to purchase up to 700,000 additional shares of common stock from Matador and 1,300,000 additional shares from the selling shareholders to cover over-allotments, if any. The offering is expected to close on February 7, 2012, subject to customary closing conditions.