As previously reported, on December 9, 2016, Matador Resources
Company (Matador) issued $175,000,000 in aggregate principal
amount of Matadors 6.875% Senior Notes due 2023 (the Additional
Notes). The Additional Notes were issued under the Indenture (as
defined below) as additional notes to Matadors $400,000,000 in
aggregate principal amount of 6.875% Senior Notes due 2023
(collectively with the Additional Notes, the Notes). On February
17, 2017, in connection with the formation of San Mateo
Midstream, LLC (San Mateo), a joint venture with FP MMP Holdings
LLC, a subsidiary of Five Point Capital Partners LLC, Matador
entered into a Fourth Supplemental Indenture (the Fourth
Supplemental Indenture) with Wells Fargo Bank, National
Association, as trustee (the Trustee), which supplements the
Indenture, dated as of April 14, 2015 (as supplemented and
amended, the Indenture), among Matador, the guarantors named
therein and the Trustee, which governs the terms of the Notes. to
the Fourth Supplemental Indenture, (i) Longwood Midstream
Holdings, LLC, the holder of Matadors 51% equity interest in San
Mateo, was designated as a guarantor of the Notes under the
Indenture and (ii) DLK Black River Midstream, LLC and Black River
Water Management Company, LLC, each subsidiaries of San Mateo,
were released as parties to, and as guarantors of, the Notes
under the Indenture. The guarantors of the Notes under the
Indenture, following the effectiveness of the Fourth Supplemental
Indenture, are referred to herein as the Existing Guarantor
Subsidiaries. San Mateo and its subsidiaries are not guarantors
of the Notes.

In connection with the issuance of the Additional Notes, Matador
agreed to file a registration statement on Form S-4, as may be
amended (the Registration Statement), with the Securities and
Exchange Commission (the SEC) with respect to an offer to
exchange the Additional Notes for substantially identical notes
that are registered under the Securities Act of 1933, as amended.
In connection with the Registration Statement to be filed by
Matador and the Existing Guarantor Subsidiaries, this Current
Report on Form 8-K (this Current Report) is being filed to
include an update to Matadors audited financial statements as of
December 31, 2016 and 2015 and the related consolidated
statements of operations, changes in shareholders equity and cash
flows for each of the years in the three-year period ended
December 31, 2016 (the Updated Financial Statements), solely to
include Note 19, Guarantor Financial Information, providing the
condensed consolidating financial information as required by Rule
3-10(f) of Regulation S-X regarding the Existing Guarantor
Subsidiaries and Matadors non-guarantor subsidiaries.

The Updated Financial Statements are set forth as Exhibit 99.1 to
this Current Report and will be incorporated by reference in the
Registration Statement. Other than the addition of Note 19,
Guarantor Financial Information, the information in the Updated
Financial Statements remains unchanged and has not otherwise been
updated for activities or events occurring after the date this
information was originally presented in Matadors Annual Report on
Form 10-K for the year ended December 31, 2016 (the Form 10-K).
The information included in this Current Report should be read in
conjunction with the Form 10-K and any other filings Matador has
made, or will make prior to the effectiveness of the Registration
Statement, with the SEC.

(d) Exhibits