A Locke Lord team represented Matador Resources Company and its midstream affiliate San Mateo Midstream, LLC (“San Mateo”) in long-term crude purchase contracts and crude transportation contracts with affiliates of Plains All American Pipeline, L.P. (“Plains”). San Mateo and Plains established a strategic relationship to gather and transport crude oil from Eddy County, New Mexico to Midland and other end markets and will file a joint tariff with the Federal Energy Regulatory Commission. San Mateo is a joint venture between Matador Resources Company and Five Point Capital Partners LLC, a Houston-based private equity fund. The deal was announced on Jan. 22, 2018. Jason Schumacher led the Locke Lord team with assistance from Henry Benton (Dallas), Thomas Knight (Washington, D.C.), John Arnold and Max Stubbs (both of Houston).
Posted on January 25, 2018