Dallas-based Matador Resources Co. and its midstream affiliate, San Mateo Midstream LLC, have announced two senior leadership promotions.

Bryan A. Erman has been named co-president, chief legal officer, and head of M&A. William D. Lambert has been promoted to executive vice president, chief financial officer, and head of strategy.

Founder, Chairman, and CEO Joseph Wm. Foran congratulated both executives, saying Erman’s impact goes well beyond land and legal operations and reflects his role in shaping the company’s strategy alongside co-president Van Singleton.

Foran said Lambert, who joined the company earlier this year, has already strengthened Matador’s finance and investor relations teams and shown “strong leadership and a deep understanding of our business.”

Other promotions to accommodate growth

Matador also announced two more leadership moves tied to its growing midstream business.

Brian J. Willey, currently EVP and chief financial officer, has been promoted to executive vice president – Midstream of Matador and EVP, chief administrative officer, and chief legal officer of San Mateo. Robert T. Macalik, who has been EVP and chief accounting officer, will now serve as executive vice president – administration and finance for Matador and EVP and chief financial officer of San Mateo.

Timothy E. Parker, Matador’s lead independent director, said the promotions come as San Mateo’s midstream system continues to expand.

With the recent Marlan Plant expansion, the system’s gas processing capacity has grown from 60 million cubic feet per day in 2016 to 720 MMcf/d, making it one of the top three midstream gas processing systems by capacity in New Mexico, he said.

Parker said the company’s midstream business is becoming more valuable and strategically important — and that long-time team members Brian and Rob are ready to step into new leadership roles at San Mateo.

“These promotions will help strengthen San Mateo for future opportunities and growth as we continue to explore ways to maximize value for Matador’s shareholders,” he said.

Matador has an emphasis on oil and natural gas shale and other unconventional plays.

The company’s current operations are focused mostly on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Haynesville shale and Cotton Valley plays in Northwest Louisiana.

Quincy Preston contributed to this report.

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