San Mateo Midstream, a joint venture between Matador Resources and Five Point Infrastructure, has completed the previously announced $752m purchase of the operating subsidiaries of US-based Cardinal Midstream Partners. This increase in capacity positions San Mateo as the largest private natural gas processor in the area. The deal introduces nine new natural gas customers to San Mateo and is expected to enhance third-party customer volumes and revenues. Baker Botts and O'Melveny & Myers advised San Mateo in the transaction, while Willkie Farr & Gallagher acted as counsel for Cardinal. "San Mateo Midstream closes $752m acquisition of Cardinal Midstream" was originally created and published by Offshore Technology, a GlobalData owned brand.