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Investor Presentaiton

Delaware Basin Drilling Records Since MAXCOM Implementation 97 MTDR Drilling Records and ~$10.8 Million Estimated Savings Since MAXCOMMI Implementation Through September 2020 Delaware Drilling Records ☐ ☐ Spud to Total Depth ("TD”): 9.5 days Longest Well: 23,992' Total Measured Depth (1) Largest Daily Horizontal Footage: 4,072 ft Matador Drilling Records by Area Recent Spud to TD Drilling Records: ■ Ace Stern Vegas #204H - 14.7 days - 2-mile well Ray State #123H - 13.4 days - 2-mile well ■ Jack Sleeper #201H - 17.8 days - 2-mile well Rodney Robinson #122H - 18.8 days - 2-mile well ■ Irvin Wall #113H - 12.1 days - Antelope Ridge ■ SST 6 #122H - 9.5 days - Arrowhead Airstrip #111H -– 13.9 days – Ranger - ■ Garrett #111H - 10.1 days - Rustler Breaks ■ Newman #2H - 6.5 days - Eagle Ford Antelope Ridge Rustler Breaks / Stateline Wolf/Jackson Arrowhead / Ranger / Eagle Ford Total Trust Twin Lakes Surface 3 5 1 9 Intermediate 1 4 5 LO 6 1 1 17 Intermediate 2 4 3 2 13 Curve 8 6 1 1 16 Lateral 3 5 5 13 Spud to TD 8 8 3 4 1 24 Other 3 1 1 5 Total 30 36 19 10 2 97 (1) Total measured depth defined as the length of pipe which is needed to reach the toe of the well. Matador 47 RESOURCES COMPANY
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