Investor Presentaiton
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Delaware Basin Extended Lateral Well Location Inventory
Matador has identified up to 4,548 gross (1,600 net) remaining potential locations (1) for future drilling on its Delaware Basin acreage
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Location counts assume extended lateral lengths whenever viable, and the total locations have an average lateral length of
~8,200', which is much longer than Matador's historical location inventory based on one-mile laterals
Updated location counts increase net lateral footage attributable to Matador acreage by ~15% above prior estimates
Almost all intervals assume 160-acre well spacing (none less than 100-acre spacing at same true vertical depth)
Matador anticipates operating up to 2,194 gross (1,374 net) of these potential locations (2), which represents approximately 30 years
of drilling inventory with a three-rig drilling program
Brushy Canyon
Avalon
1st Bone Spring
2nd Bone Spring
3rd Bone Spring
Wolfcamp A-XY
Wolfcamp A-Lower
Wolfcamp B
(3 landing targets)
Wolfcamp D
e
Ф
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Θ
Total Undrilled Locations Identified (1) by Lateral Length
Gross/Net
~5,000'+
~7,500'+ ~10,000'+
Total
Avg. Lateral
106/36
57/21
195/68
358/125
8,100'
Potential Matador
Operated Locations (1)(2)
Gross/Net
177/108
114/39
68/36
242/117
424 / 192
8,200'
248/177
131/40
95/28
479/126
705/194
8,700'
275/152
145 / 58
104/33
474/135
723/226
8,600'
318/186
153/70
124/50
376/120
653/240
8,300'
328/208
137/58
68/21
200/58
405/137
7,900'
187/115
153/72
75/32
193/69
421/173
7,700'
225/156
175/70
79/39
268/93
522/202
7,900'
264/179
1-mile
337/111
8,700'
172/93
8,200'
68/26
32/9
237/76
1,182/469
702 / 269
2,664/8624,548/1,600
(1) Identified and engineered locations for potential future drilling and completion, including specified production units, costs and well spacing using objective criteria for designation. Locations identified as of
March 31, 2020.
(2) Includes any identified gross locations for which Matador's working interest is expected to be at least 25%.
2,194/1,374
Matador 46
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