This Matador is thriving in a bullish oil market. Matador Resources focuses on oil and natural gas exploration and production across about 87,650 net acres in South Texas, Northwest Louisiana and East Texas, and in the Permian Basin of West Texas and Southeast New Mexico. In 2013 it added 22.4 million barrel of oil equivalent of proved undeveloped natural gas reserves in the Haynesville shale to its total estimated proved reserves. The company reported estimated proved reserves of 51.7 million barrels of oil equivalent in 2013 (217% up on 2012). Matador Resources also has assets in Idaho, Utah, and Wyoming.