Very interesting ...
The Harvey E. Yates Co., started more than four decades ago by an eastern New Mexico oilman of the same name, will be sold to the Dallas-based Matador Resources Co.
Harvey E. Yates, which has an office in Roswell, has 45 employees in New Mexico, and no layoffs are planned, Lauren Yates, board director of the HEYCO Energy Group, said Wednesday. Harvey E. Yates is a subsidiary of HEYCO.
As part of the $37.5 million sale, Matador will acquire 8,200 acres Harvey E. Yates holds in Lea and Eddy counties, according to a news release. The property is “strategically located” between two of Matador’s existing parcels, and will bring the company’s total acreage in the New Mexico/Texas Permian Basin to 84,300 acres.
Matador is buying all the land up because in fact they know oil exists there. I wonder where they can get a Refinery that is close to refine there products,hmmm? Infact if I were matador I would be trying to jump into a joint venture with a NEW STATE of ART Refinery if I could.
it’s coming buddy. I think this is gonna be bigger than anyone could dream. Jwjj on ihub is totally blocking all comments of oil under ground for a reason. They pulled a billion barrels from there since 1922. Did you also see that marathon owned at one time. Hmmm, didn’t marathon own mmex land at one time that is what Crowin says is on the paperwork. That’s why he says if it were good land marathon would had kept it. Just something to think about Rick. Have a great day my brother ! MMEX STRONG !
The Harvey E. Yates Co., started more than four decades ago by an eastern New Mexico oilman of the same name, will be sold to the Dallas-based Matador Resources Co.
Harvey E. Yates, which has an office in Roswell, has 45 employees in New Mexico, and no layoffs are planned, Lauren Yates, board director of the HEYCO Energy Group, said Wednesday. Harvey E. Yates is a subsidiary of HEYCO.
As part of the $37.5 million sale, Matador will acquire 8,200 acres Harvey E. Yates holds in Lea and Eddy counties, according to a news release. The property is “strategically located” between two of Matador’s existing parcels, and will bring the company’s total acreage in the New Mexico/Texas Permian Basin to 84,300 acres.
Matador is buying all the land up because in fact they know oil exists there. I wonder where they can get a Refinery that is close to refine there products,hmmm? Infact if I were matador I would be trying to jump into a joint venture with a NEW STATE of ART Refinery if I could.
it’s coming buddy. I think this is gonna be bigger than anyone could dream. Jwjj on ihub is totally blocking all comments of oil under ground for a reason. They pulled a billion barrels from there since 1922. Did you also see that marathon owned at one time. Hmmm, didn’t marathon own mmex land at one time that is what Crowin says is on the paperwork. That’s why he says if it were good land marathon would had kept it. Just something to think about Rick. Have a great day my brother ! MMEX STRONG !
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