Matador Resources CEO Joseph Wm. Foran said he also voluntarily agreed to reduce his base salary by 25% as the Permian Basin operator responds to a slump in oil prices.
Fresh off of a multibillion-dollar sale of its midstream interests, natural gas producer Indigo Natural Resources is flying high above the storm clouds.
Bulldog can process 200 MMcf/d of natural gas and extract up to 12,000 bbl/d of NGL.
Castleton Resources, owned by a global energy commodity merchant and Tokyo Gas, has steadily been building a position of gas assets in the Ark-La-Tex region since its formation in 2014.