Mr. Joseph Wm. Foran: Founder, Chairman and CEO
Dr. Stephen A. Holditch: Engineering Committee Chairman
Mr. David M. Laney: Planning & Compensation Committee Chairman
Dr. Steven W. Ohnimus: Operations Committee Chairman
Mr. Michael C. Ryan
Mr. Edward R. Scott, Jr.: Audit Committee Chairman

Mr. Joseph Wm. Foran: Founder, Chairman and CEO
Mr. Joseph Wm. 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.

Dr. Stephen A. Holditch: Engineering Committee Chairman
Dr. Stephen A. Holditch was a shareholder in and advisor to Matador Petroleum Corporation and is an original shareholder in Matador Resources Company. He was first elected to the Company’s Board of Directors in January 2004 and currently serves as chairman of the Board’s Engineering Committee. Dr. Holditch is Professor and Head of the Harold Vance Department of Petroleum Engineering at Texas A&M University, having assumed this position in January 2004. Prior to that, he was with Schlumberger as a Fellow, one of only a handful of technical experts so recognized with this title in the company. In this position, Dr. Holditch advised top management within Schlumberger on production and reservoir engineering matters.

Dr. Holditch joined Schlumberger in 1997, following Schlumberger’s acquisition of S. A. Holditch & Associates, Inc., the consulting company he founded and grew over twenty years into the preeminent engineering firm worldwide in the analysis of low permeability gas reservoirs and the design of hydraulic fracture treatments. During the latter half of the 1980’s and into the 1990’s, Dr. Holditch expanded the services offered by S. A. Holditch & Associates, building the company from three employees in 1977 to more than eighty employees in 1997. At the time of its sale to Schlumberger in 1997, Holditch had become a full-service petroleum engineering consulting company capable of solving virtually any petroleum engineering problem.

From 1974 to 1976, Dr. Holditch worked as an independent consulting engineer on reservoir studies, well completions and fracture treatment design for numerous clients in East and South Texas. During that period, he also attended Texas A&M University to earn a PhD degree in Petroleum Engineering and conducted research in reservoir flow behavior in fractured, low permeability gas reservoirs. From 1970 to 1974, he was a Production Engineer with Shell Oil Company, where his responsibilities included production engineering for numerous oil and gas fields, well completions and massive hydraulic fracture treatment designs in several deep, geopressured fields in South Texas. From 1968 to 1969, he worked for Pan American Petroleum Corporation as a field engineer on various projects in East Texas.

Dr. Holditch received Bachelor and Master of Science degrees in Petroleum Engineering from Texas A&M University in 1969 and 1970, respectively, and a PhD degree in Petroleum Engineering from Texas A&M University in 1976. Dr. Holditch was President of the Society of Petroleum Engineers, International (SPE) in 2002 and served on the Society’s Board of Directors from 1998 to 2003. In addition, he served as a Trustee for the American Institute of Mining, Metallurgical, and Petroleum Engineers from 1997 to 1998. He has received numerous awards in recognition of his technical achievements and leadership. In 1995, Dr. Holditch was elected to the National Academy of Engineering, the highest professional honor awarded to an engineer. In 1997, he was elected to the Russian Academy of Natural Sciences, and in 1998, Dr. Holditch was elected to the Petroleum Engineering Academy of Distinguished Graduates at Texas A&M University.

Dr. Holditch received the SPE Distinguished Service Award for Petroleum Engineering Faculty in 1981 and held the Shell Distinguished Chair in Petroleum Engineering at Texas A&M University from 1983 to 1987. He was awarded the R. L. Adams Professorship in 1995. He teaches graduate level courses in formation evaluation, well stimulation, and production engineering, and has actively performed and supervised research at Texas A&M University since 1974 in a wide range of engineering areas. Dr. Holditch is a member of numerous professional societies and serves as a board member and/or trustee for several business affiliations. He has been an SPE Distinguished Lecturer and has co-authored or edited three books and more than one hundred technical papers; he has made more than eighty invited technical presentations to petroleum industry audiences.

Mr. David M. Laney: Planning & Compensation Committee Chairman
Mr. David M. Laney is an original shareholder in both Matador Petroleum Corporation and Matador Resources Company. He is an original director on the Matador Resources’ Board of Directors and currently serves as chairman of the Board’s Planning and Compensation Committee. Mr. Laney is an attorney who since March 2007 has practiced law as a solo practitioner. Mr. Laney was a partner with the law firm of Jackson Walker LLP in Dallas from 2003 to 2007, concentrating his practice in the areas of corporate and financial law. Prior to joining Jackson Walker, he was a partner with Jenkens & Gilchrist, where he practiced from 1977 to 2003 and was managing partner from 1990 through 2001. During his tenure as managing partner, Jenkens & Gilchrist was recognized as one of the fastest growing firms in the country and was named by industry press as among the top 50 firms in the country. From a regional law firm of roughly 160 lawyers in two Texas cities in 1990, the firm expanded under Mr. Laney’s leadership to over 625 attorneys in nine cities by the end of his tenure in 2002.

Mr. Laney also served in several capacities as an appointee of Texas Governors William Clements and George W. Bush to positions with state agencies continuously from 1989 through 2001. He was Governor Clements’ appointee to the Texas Finance Commission, responsible for regulatory oversight of the state banking and thrift industries as the Texas banking system emerged from the recession and collapse of the 1980’s. He then served as Governor Bush’s Texas Commissioner of Transportation (Chairman of the Texas Department of Transportation) from 1995 to 2000; Mr. Laney completed his term with the Texas Department of Transportation in 2001. As Commissioner of Transportation, his responsibilities were largely those of chief executive officer of the 14,000 employee Texas agency with a roughly $5 billion annual budget. In that position, he initiated and oversaw the planning and successful execution of an extensive number of organizational and operational innovations throughout the organization and developed and managed TxDOT’s legislative agenda during three regular sessions of the Texas Legislature.

In 2002, Mr. Laney was nominated by President George W. Bush to the Board of Directors of Amtrak and confirmed by the U. S. Senate for a five-year term. In November 2007, he completed his term as Chairman of Amtrak’s Board of Directors. From 1998 to 2003, Mr. Laney served as a member of the Stanford University Board of Trustees and for two years as chairman of its audit committee. Mr. Laney has also served on the Board of Directors of a mutual fund company as chair of its audit committee and in various capacities in connection with civic and educational organizations and projects in the Dallas area.

Dr. Steven W. Ohnimus: Operations Committee Chairman
Dr. Steven W. Ohnimus was first elected to our Board of Directors in January 2004 and currently serves as chairman of the Board’s Operations Committee. Dr. Ohnimus spent his entire professional career with Unocal. From 1995 to 2000, he was General Manager - Partner Operated Ventures, where he represented Unocal non-operated international interests at board meetings, management committees and other high level meetings involving projects in the $200 million range in countries such as Azerbaijan, Bangladesh, China, Congo, Myanmar and Yemen. From 1994 to 1995, Dr. Ohnimus was General Manager of Asset Analysis, where he managed and directed planning, business plan budgeting and scenario plans for the domestic and international business unit with an asset portfolio totaling $5.5 billion.

From 1990 to 1994, Dr. Ohnimus was Vice President and General Manager, Unocal Indonesia, located in Balikpapan, operating five offshore fields and one onshore LEX plant and employing 1,200 nationals and 50 expatriates. From 1989 to 1990, he served as Regional Operations Manager in Anchorage, Alaska, and from 1988 to 1989, he was District Operations Manager in Houma, Louisiana. From 1981 to 1988, Dr. Ohnimus was in various management assignments in Houston and Houma, Louisiana, and from 1971 to 1981, he handled various technical assignments in reservoir, production and drilling in the Gulf Coast area (Houston, Van, Lafayette and Houma).

During 1975 to 1979, Dr. Ohnimus was Assistant Professor of Petroleum Engineering at the University of Southwest Louisiana (now University of Southern Louisiana) where he taught a total of eleven undergraduate and graduate night classes. In 1980, he taught drilling seminars at the University of Texas Petroleum Extension Service of LADC. Dr. Ohnimus has authored several published papers concerning reservoir recompletion and increased recovery.

Dr. Ohnimus received his Bachelor of Science degree in Chemical Engineering from the University of Missouri at Rolla in 1968, a Master of Science degree in Petroleum Engineering from the University of Missouri at Rolla in 1969, and a PhD degree in Petroleum Engineering from the University of Missouri at Rolla in 1971. Dr. Ohnimus served as a director of the American Petroleum Institute in 1978 and 1979, served as Session Chairman for the Society of Petroleum Engineers’ Annual Convention in 1982, was the Evangeline Section Chairman of the Society of Petroleum Engineers in 1978 and 1979, and served as President of the Unocal Credit Union from 1986 to 1988. In 2007, he was elected President of the Unocal Gulf Coast Alumni Club, which reports through the Chevron Retirees Association. He still holds that position currently. Dr. Ohnimus served as the vice chairman of the advisory board of Western Standard Energy Corp. (OTCBB:WSEG), an oil and gas exploration company, from 2008 to 2009.

Mr. Michael C. Ryan
Mr. Michael C. Ryan joined the Matador Board of Directors in February 2009. Prior to joining the Board, he served as a Board Advisor to the Financial Committee and frequently participated in Board planning and strategy sessions. Mr. Ryan is a Partner and member of the Investment Committee at Berens Capital Management LLC, an investment firm based in New York. He previously worked with Goldman, Sachs & Co., leading its West Coast international institutional equities business. In this role, he developed and built a team of professionals to advise large institutional clients on their global investment decisions.

From 1995 to 1998, Mr. Ryan lived in Oslo, Norway, where he was a Partner at Pareto Securities, a Scandinavian-based securities firm where he led and built the institutional equities business into the United States and United Kingdom. From 1991 to 1994, Mr. Ryan represented multiple Eastern European governments in the preparation, negotiation and sale of many of their largest state-owned companies. He began his career with Honeywell, Inc. in 1983, working in the Systems and Research Center, which focused on advanced weapons development programs.

Mr. Ryan received a Master of Business Administration degree from The Wharton School at the University of Pennsylvania and a Bachelor of Science degree from the University of Minnesota.

Mr. Edward R. Scott, Jr.: Audit Committee Chairman
Mr. Edward R. Scott, Jr. is an original shareholder of both Matador Petroleum Corporation and Matador Resources Company. He is an original director on the Matador Resources’ Board of Directors and serves as chairman of the Board’s Audit Committee.

Mr. Scott is a successful Amarillo, Texas lawyer, civic leader and businessman, managing a varied portfolio of real estate and development-related concerns. Currently, he is the primary developer for two residential developments in Amarillo: Pheasant Run and The Greenways. He serves as primary owner of Document Shredding & Storage which services the entire Panhandle area, Sparky’s Storage Solutions in Amarillo, Texas, and is part owner in several car washes in the Lubbock, Abilene and Dallas/Fort Worth areas. From 1968 to 1996, Mr. Scott was an attorney with the Amarillo law firm of Gibson, Ochsner & Adkins. From 1965 to 1968, he served as an accountant with Price Waterhouse & Co.

Mr. Scott received his Bachelor of Business Administration degree in Accounting from West Texas State University in 1962 and a LLB from The University of Texas School of Law in 1965.

Mr. Scott has previously served as a director and chairman of the Amarillo Economic Development Corporation and is currently serving as a board member of the Salvation Army, Amarillo Area Foundation, as well as the Amarillo Club. He is a past President of the Rotary Club of Amarillo, the Amarillo Businessmen’s Club, the Amarillo Club, Big Brothers and Big Sisters, and the Amarillo Business Foundation. He is a former chairman of the Amarillo Board of City Development and the Amarillo Economic Development Corporation and a former member of the Board of Regents for West Texas State University. Mr. Scott has previously served as an officer and/or board member to many other local civic and/or charitable organizations. He is a member of the Texas Bar Association, the Amarillo Bar Association, the Texas Society of CPA’s and the Texas Panhandle Chapter of CPA’s.