DALLAS–(BUSINESS WIRE)–San Mateo Midstream, LLC (“San Mateo”), a midstream joint venture between Matador Resources Company (“Matador”) and Five Point Infrastructure (“Five Point”), today announced that it has successfully completed the acquisition of the operating subsidiaries of Cardinal Midstream Partners, LLC (“Cardinal”), a portfolio company of EnCap Flatrock Midstream, for total cash consideration of $752 million, subject to customary post-closing adjustments (the “Cardinal Acquisition”)
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