This is your Hart Energy LIVE A&D Minute powered by the inaugural Gulf of Mexico Energy Transformation Conference March 21 in Houston.

Matador Resources is making a bold move in the northern Delaware Basin by acquiring an EnCap portfolio company for $1.6 billion, making it the largest deal of 2023 so far. And experts say while it wasn't super cheap, it's priced in line with other major M&A deals.

There's also a buzz in the industry as HighPeak Energy announces its exploration of strategic alternatives, including a possible sale. The company says it has a lot to offer, but the market just isn't paying attention. Could this be the next big deal of the year?

And for those wondering about the state of M&A after a tough 2022, odds are this year will look the same: small- and mid-sized companies slugging it out with large public E&Ps, with the richest likely to remain in the deal driver's seat.

That’s your Hart Energy LIVE A&D Minute powered by the inaugural Gulf of Mexico Energy Transformation Conference -save your seat before we sell out!

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