Hitting its estimated guidance for the start of Q3, Matador Resources boosted corporate-wide output to 17,200 boepd (57% oil) during August. The August increase raises average production for Q3 to 16,200 boepd, up from 15,400 boepd during Q2. Helping along Matador's production numbers, Chesapeake has recently completed and placed online five Haynesville wells at Matador's Elm Grove properties in northwest Louisiana. These five wells are currently producing 9.0 MMcfd net to Matador's interest.Matador is......
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