Matador Resources Company says that Matthew V. Hairford, the Company's Executive Vice President - Operations, has been elected as President of the Company, effective November 18, 2013. Mr. Hairford succeeds Joseph Wm. Foran as President. Mr. Foran will continue as Chairman of the Board of Directors and Chief Executive Officer.
Mr. Foran has held all three positions since he founded Matador in 2003. The Company's Executive Committee will continue to consist of Mr. Foran, Mr. Hairford, David E. Lancaster, Executive Vice President, Chief Operating Officer and Chief Financial Officer, David F. Nicklin, Executive Director - Exploration, Craig N. Adams, Executive Vice President - Land and Legal, Bradley M. Robinson, Vice President - Reservoir Engineering and Chief Technology Officer, and Ryan C. London, Vice President and General Manager.
'Matt and I will continue to work closely together to develop our Eagle Ford, Permian and Haynesville assets and create ongoing value for our stockholders. I have enjoyed working with Matt since he joined the Company, and I look forward to him assuming additional responsibility in this new role.'