Matador Resources Company (NYSE:MTDR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On May24, 2018, Matador Resources Company (the “Company”) was notified that Steven W. Ohnimus, age 71, was resigning from the Board of Directors (the “Board”) of the Company effective concurrently with the election of the nominees for director at the Company’s 2018 annual meeting of shareholders to be held on June7, 2018 (the “Annual Meeting”). Dr.Ohnimus is not a nominee for director at the Annual Meeting. Dr.Ohnimus has served as a director of the Company since 2004 and served as chair of the Operations and Engineering Committee and as a member of the Audit, Nominating, Strategic Planning and Compensation, Corporate Governance and Prospect Committees. Dr.Ohnimus is resigning in order to focus his attention on recent health issues and his decision was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
The Company wishes to thank Dr.Ohnimus for his many years of dedicated service to the Company and the Board and his many contributions to the Company’s success. The Company also wishes him a full and complete recovery.
The information provided in Item 5.02 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02.
About Matador Resources Company (NYSE:MTDR)
Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segment is oil and natural gas exploration and production. The Company’s operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. The Company also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. The Company’s properties include approximately 39,000 gross (29,300 net) acres in the Eagle Ford shale play in Atascosa, DeWitt, Gonzales, Karnes, La Salle, Wilson and Zavala Counties in South Texas. The Company operates approximately two rigs in the Eagle Ford shale in South Texas.
