Mr. Joseph Wm. Foran: Founder, Chairman and CEO
Mr. David E. Lancaster: Executive Vice President
Mr. Scott King: Vice President - Exploration
Mr. Bradley M. Robinson: Vice President - Engineering
Mr. Matthew Hairford: Vice President - Operations
Mr. John H. Durham: Vice President - Land
Ms. Kathy Wayne: Controller and Treasurer

Mr. Joseph Wm. Foran: Founder, Chairman and CEO
Mr. Foran founded Matador Resources Company in July 2003 and serves as Chairman of the Board, Chief Executive Officer, President and Secretary. Mr. Foran began his career as an oil and gas independent in 1983 when he and his wife, Nancy, founded Foran Oil Company with $270,000 in contributed capital from 17 of his closest friends and neighbors. Foran Oil Company was later contributed into Matador Petroleum Corporation upon its formation by Mr. Foran in 1988, and Mr. Foran served as Chairman and Chief Executive Officer of that company from its inception until the time of its sale to Tom Brown, Inc. in June 2003 for an enterprise value of $388 million in an all-cash transaction. Under Mr. Foran's guidance, Matador Petroleum realized a 21% average annual rate of return for its shareholders for the fifteen years of its existence.

Mr. Foran is originally from Amarillo, Texas, where his family owned a pipeline construction business. From 1980 to 1983, he was Vice President and General Counsel of J. Cleo Thompson and James Cleo Thompson, Jr., Oil Producers. Prior to that time, he served as a briefing attorney to Chief Justice Joe R. Greenhill of the Supreme Court of Texas.

Mr. Foran received a Bachelor of Science degree in Accounting from the University of Kentucky with highest honors and a law degree from Southern Methodist University School of Law, where he was a Hatton W. Sumners scholar and the Leading Articles Editor of the Southwestern Law Review. He is currently active as a member of various industry and civic organizations, including his church and various youth activities. In 2002, Mr. Foran was honored as the Ernst & Young "Entrepreneur of the Year" for the Southwest Region.

Mr. David E. Lancaster: Executive Vice President
Mr. Lancaster joined Matador Resources in December 2003 and currently serves as the Company's Executive Vice President. Mr. Lancaster has served in several capacities since joining Matador, including Vice President - Business Development and Finance and Chief Financial Officer. Prior to joining Matador, he was Marketing Manager for Schlumberger Data & Consulting Services. In this position, he was responsible for global marketing strategies, business models, input to R&D, commercialization of new products and services and marketing communications. From 1999 to 2000, Mr. Lancaster was Business Manager, North and South America, for Schlumberger Holditch-Reservoir Technologies, the consulting organization formed following Schlumberger's acquisitions of S. A. Holditch & Associates, Inc. and Intera Petroleum Services. In this role, he was responsible for the business operations of twelve consulting offices throughout North and South America.

Mr. Lancaster worked with Schlumberger for six years following its acquisition of S. A. Holditch & Associates, Inc. in 1997. He joined Holditch in 1980, and was one of the principals in that well-known petroleum engineering consulting firm. Between 1980 and 1997, Mr. Lancaster held positions ranging from Senior Petroleum Engineer to Senior Vice President - Business Development. In this latter role, he was responsible for Holditch's marketing and sales, as well as the company's commercial training business. During most of his tenure at Holditch, Mr. Lancaster was a consulting reservoir engineer with particular emphasis on characterizing and improving production from unconventional gas reservoirs. For more than seven years, he was the Project Manager for the Gas Research Institute's (GRI's) Devonian Shales applied research projects investigating ways to improve reservoir characterization, completion practices, and gas recovery in low permeability, gas shale reservoirs. He was also the lead reservoir engineer for the Secondary Gas Recovery project sponsored by GRI and the US Department of Energy looking at ways to improve recovery from compartmentalized gas reservoirs in North and South Texas. Mr. Lancaster began his career as a reservoir engineer for Diamond Shamrock Corporation in 1979.

Mr. Lancaster received Bachelor and Master of Science degrees in Petroleum Engineering from Texas A&M University in 1979 and 1988, respectively. He has authored or co-authored more than fifty technical papers and articles, as well as numerous other published reports and industry presentations. He is a member of the Society of Petroleum Engineers (SPE), and he served as a charter member and former Vice Chairman of the Texas A&M University Petroleum Engineering Advisory Board. Mr. Lancaster is a Registered Professional Engineer in the State of Texas.

Mr. Scott King: Vice President - Exploration
Mr. King co-founded Matador Resources Company and serves as its Vice President - Exploration. He was previously with Matador Petroleum Corporation, joining the company in 1997 as Chief Geophysicist. Immediately prior to its sale, Mr. King was Portfolio Manager for Matador Petroleum and was responsible for determining which drilling opportunities the company would pursue.

Prior to joining Matador Petroleum, Mr. King worked for Enserch Corporation as Team Leader for the Oklahoma Asset Group. Mr. King began his career in 1983 with Sohio Petroleum. The Sohio assets were sold and resold to a number of companies, including British Petroleum, TexCon, PG&E, Dalen Resources, and finally Enserch. During this time, Mr. King worked for and was retained by each of these companies, because of the success he had in generating and managing drilling opportunities in the continental United States.

Mr. King received a Bachelor of Science degree in Geology with a Minor in Mathematics from Alfred University, Alfred, New York and a Master of Science degree in Geophysics from Wright State University, Dayton, Ohio. At Alfred, he pole-vaulted and was Captain of the track team. Mr. King is active in his church and in various professional and civic groups including the American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG); he is an Assistant Scoutmaster in the Boy Scouts of America.

Mr. Bradley M. Robinson: Vice President - Engineering
Mr. Robinson joined Matador Resources in August 2003 as one of its founders and serves as the company's Vice President - Engineering. Prior to joining Matador Resources, Mr. Robinson held the position of Advisor with Schlumberger Data & Consulting Services, where he was responsible for the development and application of new technologies for well completions and stimulation, provided technical expertise for reservoir management and field development projects, taught basic and advanced industry courses in well completions and stimulation, and provided internal training in production engineering and stimulation methods.

Mr. Robinson worked with Schlumberger for six years following its acquisition of S. A. Holditch & Associates, Inc. in 1997. Mr. Robinson joined Holditch in 1979, and was one of the principals in that well-known petroleum engineering consulting firm. From 1979 to 1982, Mr. Robinson served as Senior Petroleum Engineer and was involved in all aspects of reservoir and production engineering for both conventional and low permeability oil and gas fields. From 1982 to 1997, he was Holditch's Vice President - Production Engineering, where he was responsible for coordination and management of production and completion engineering projects, including development drilling and openhole data acquisition programs, design and supervision of initial well completions and workovers, transient well test design and analysis, and hydraulic fracture stimulation design and supervision. His duties also included reserves evaluation and economic analysis of new and existing wells, and his areas of specialization included low permeability gas sands, coalbed methane reservoirs, and horizontal wells. Mr. Robinson also served as Assistant Project Manager for the Gas Research Institute's Tight Gas Sands and Horizontal Gas Wells applied research projects. During his career, he has worked all over the world including the US, Canada, Venezuela, Colombia, Mexico, Egypt, North Sea, Russia, and Indonesia, among others. Mr. Robinson began his career in 1977 with Marathon Oil Company, serving as an Associate Production Engineer and later as a Reservoir Engineer in Midland.

Mr. Robinson received Bachelor and Master of Science degrees in Petroleum Engineering from Texas A&M University in 1977 and 1986, respectively. He has authored or co-authored eighteen technical articles appearing in industry and/or technical publications, has made numerous engineering technical presentations. Mr. Robinson is a member of the Society of Petroleum Engineers (SPE) and is a Registered Professional Engineer in the State of Texas.

Mr. Matthew Hairford: Vice President - Operations
Mr. Hairford joined Matador Resources in July 2004 as the Company's Drilling Manager. He was named Vice President - Operations in May 2005. He was previously with Samson Resources as Senior Drilling Engineer, having joined Samson in 1999. His responsibilities there included difficult Texas and Louisiana Gulf Coast projects, horizontal drilling projects and a start-up drilling program in Wyoming. The scope of this work ranged from multi-lateral horizontal James Lime wells in East Texas to deep wells in South Texas and South Louisiana. Mr. Hairford has drilled many geo-pressured wells in Texas and Louisiana, along with normally pressured wells in southwestern Wyoming and East Texas. Additional responsibilities included a horizontal well program in Roger Mills County, Oklahoma at 15,000 feet vertical depth. Mr. Hairford has experience in air drilling, underbalanced drilling, drilling under mud caps, and high temperature/high pressure environments.

From 1998 until 1999, Mr. Hairford served as Senior Drilling Engineer with Sonat, Inc. in Tyler, Texas, where his responsibilities included the hostile environment Pinnacle Reef wells in East Texas and deep horizontal drilling in the Austin Chalk field in central Louisiana. From 1984 to 1998, Mr. Hairford served in various drilling engineering capacities with Conoco, Inc. Operational areas included the Appalachian Basin, Illinois Basin, Permian Basin, Texas Panhandle, and Val Verde Basin. Mr. Hairford was selected as a member of a three-person team to explore the use of unconventional technologies to identify a potential step change in the drilling sector. Multiple techniques were evaluated and tested including declassified defense department technologies. Additional Conoco assignments included both field and office drilling positions in Midland and Oklahoma City. Earlier in his career with Conoco, Mr. Hairford was selected to participate in the Conoco Drilling Rig Supervisor Training Program in Houston. This program consisted of two years working a regular rotation as a drilling representative on rigs and as a drilling engineer in various domestic offices. Rotational days off were used for attending both industry and in-house schools and seminars. Mr. Hairford began his career in 1984 with Conoco in a field production assignment in Hobbs, New Mexico.

Mr. Hairford received his Bachelor of Science degree in Petroleum Engineering Technology from Oklahoma State University in 1984. He is an active member of the American Association of Drilling Engineers (AADE), the American Petroleum Institute (API), and the Society of Petroleum Engineers (SPE).

Mr. John H. Durham: Vice President - Land
Mr. Durham joined Matador Resources in March 2004 as Land Manager - Louisiana and was promoted to Vice President - Land in November 2005. Previously, he held Landman and Senior Landman positions with Union Pacific Resources and Petro-Hunt, LLC. Mr. Durham has been involved with all aspects of Land Management primarily in the Gulf Coast, Texas, Mississippi, North and South Louisiana, New Mexico and the Rockies.

From 1998 to 2003, Mr. Durham served as Senior Landman at Petro-Hunt managing over 485,000 acres of fee/servitude lands in Louisiana and maintaining continuous development programs for multiple prospect areas, as well as maintaining leasehold operations for over 500 wells throughout North and South Louisiana. Mr. Durham was instrumental in acquiring partners and maintaining relationships on multiple joint exploration areas and on developmental and promoted deals.

From 1995 to 1998, Mr. Durham held several positions in the land department at Union Pacific Resources. As Landman in the Acquisition & Divestiture Division, he was an active participant on multiple deals throughout North America with cumulative values in excess of $175 million. As Senior Landman, East Texas Division, Mr. Durham managed all of Union Pacific Resources' land duties associated with the Carthage Field development program. As Senior Landman, South Louisiana Division, he coordinated land efforts in joint development programs, as well as obtaining partners on promoted prospects.

Mr. Durham studied Geology at Tulane University from 1983 to 1985 and received his Bachelor of Business Administration degree in Petroleum Land Management from the University of Mississippi in 1989. He is a member of the American and Dallas Associations of Petroleum Landmen (AAPL and DAPL) and a member of the Louisiana Independent Oil and Gas Association (LIOGA). He formerly served as President of the Dallas Association of Petroleum Landmen and held the office of Vice President for two years. Mr. Durham is a Certified Professional Landman and Environmental Site Assessor. He is currently on the board of the Metroplex Energy Tennis Tournament.

Ms. Kathy Wayne: Controller and Treasurer
Ms. Wayne was one of the original employees of Matador Resources and serves as the Company's Controller and Treasurer. She was previously with Matador Petroleum Corporation, joining the company in 1991. Immediately prior to its sale, Ms. Wayne was Senior Revenue Accountant, and her duties included supervision of the revenue accounting staff, management of the revenue distribution process, and preparation of monthly accruals and various required regulatory reports. Ms. Wayne began her career with Mobil Oil Corporation, where she held various positions in the gas accounting department.

Ms. Wayne received a Bachelor of Arts degree in Accounting from Texas A&M University in 1983. She is recognized by the Council of Petroleum Accountants Societies (COPAS) as an Accredited Petroleum Accountant, having passed all eight parts of the accreditation examination. (She was only the second person from the Dallas area to do so.) She is an active member of COPAS and a member of the local society's Revenue Committee. In addition, she is currently serving a three-year term on the COPAS APA Board of Examiners.