Matador Resources Company reported financial and operating results for the three and nine months ended September 30, 2012.

Oil production increased over seven-fold to approximately 303,000 Bbl of oil, or about 3,291 Bbl of oil per day, during the third quarter of 2012 as compared to approximately 43,000 Bbl of oil, or about 465 Bbl of oil per day, in the third quarter of 2011. This increase in oil production is a direct result of ongoing drilling operations in the Eagle Ford shale. Average daily oil equivalent production increased to approximately 8,838 BOE per day (37% oil by volume) in the third quarter of 2012 as compared to 6,931 BOE per day (7% oil by volume) during the third quarter of 2011.

Total realized revenues, including realized gain on derivatives, increased 119% to $41.4 million for the three months ended September 30, 2012 as compared to $18.9 million for the three months ended September 30, 2011.

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