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8-K - FORM 8-K - Matador Resources Cod130809d8k.htm
EX-99.1 - EX-99.1 - Matador Resources Cod130809dex991.htm
EX-1.1 - EX-1.1 - Matador Resources Cod130809dex11.htm

Exhibit 5.1

 

LOGO  

2001 ROSS AVENUE

DALLAS, TEXAS

75201-2980

 

TEL +1 214.953.6500

FAX +1 214.953.6503

BakerBotts.com

 

AUSTIN

BEIJING

BRUSSELS

DALLAS

DUBAI

HONG KONG          

HOUSTON

 

LONDON

MOSCOW

NEW YORK

PALO ALTO

SAN FRANCISCO

WASHINGTON

     

March 9, 2016

Matador Resources Company

5400 LBJ Freeway, Suite 1500

Dallas, Texas 75240

Ladies and Gentlemen:

We have acted as counsel to Matador Resources Company, a Texas corporation (the “Company”), in connection with the proposed issuance and sale in an underwritten public offering (the “Offering”) of an aggregate of 7,500,000 shares (the “Shares”) of its common stock, par value $.01 per share, pursuant to that certain Equity Underwriting Agreement dated March 7, 2016 (the “Underwriting Agreement”) by and between the Company and RBC Capital Markets, LLC.

We refer to the registration statement on Form S-3 (Registration Statement No. 333-196178) with respect to the Shares being sold by the Company in the Offering (the “Registration Statement”), which Registration Statement became effective upon filing by the Company with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”) on May 22, 2014. The final prospectus supplement dated March 7, 2016 (the “Prospectus Supplement”), which together with the accompanying prospectus dated May 22, 2014 filed with the Registration Statement, has been filed pursuant to Rule 424(b) promulgated under the Securities Act.

As the basis for the opinion hereinafter expressed, we examined the Amended and Restated Certificate of Formation of the Company, dated as of February 3, 2012, as amended to date, the Amended and Restated Bylaws of the Company, effective as of February 7, 2012, as amended to date, the Underwriting Agreement, the Texas Business Organizations Code, corporate records and documents related to the Company, certificates of the Company and public officials, and other instruments and documents as we deemed necessary or advisable for the purposes of this opinion. In making our examination, we have assumed that all signatures on documents examined by us are genuine, that all documents submitted to us as originals are authentic and that all documents submitted to us as certified or photostatic copies conform with the original copies of such documents.

Based on the foregoing and on such legal considerations as we deem relevant, we are of the opinion that the Shares, when issued and delivered in the Offering on behalf of the Company against payment therefor as described in the Underwriting Agreement, will be duly authorized, validly issued, fully paid and non-assessable.

This opinion is limited in all respects to the federal laws of the United States of America and the laws of the state of Texas, each as in effect on the date hereof.


LOGO   

 

March 9, 2016

 

At your request, this opinion is being furnished to you for filing as an exhibit to the Company’s Current Report on Form 8-K filed on the date hereof. We hereby consent to the statements with respect to us under the heading “Legal Matters” in the Prospectus Supplement and to the filing of this opinion as an exhibit to the Company’s Current Report on Form 8-K filed on the date hereof. In giving this consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act, or the rules and regulations of the Commission issued thereunder.

Very truly yours,

/s/ Baker Botts L.L.P.

DMR/MPB/JBP

 

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