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Stock Market & Financial Investment News

News Breaks
October 10, 2012
07:03 EDTMTDRMatador Resources increases credit facility
Matador Resources announced that MRC Energy Company, a wholly-owned subsidiary of the Company, closed an amended and restated senior secured revolving credit agreement on September 28. Under the Credit Agreement, the borrowing base was increased to $200M, up from the previous borrowing base of $125M. The amendment increased the maximum facility size from $400M to $500M and named Royal Bank of Canada as Administrative Agent. The Credit Agreement matures in December 2016. The Company plans to use the increased borrowing capacity along with its operating cash flows for working capital and general corporate purposes and, in particular, to continue to execute its Eagle Ford drilling program in South Texas.
News For MTDR From The Last 14 Days
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January 30, 2015
11:21 EDTMTDRMatador to host analyst day
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January 20, 2015
05:52 EDTMTDRMatador acquires HEYCO for cash, stock, preferred stock
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05:42 EDTMTDRMatador to host conference call
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