Oct 10 (Reuters) - Matador Resources Co :
* Increases credit facility and provides operational update
* The borrowing base was increased to $200 million, up from the previous borrowing base of $125 million
* Plans to use increased borrowing capacity to continue to execute Eagle Ford drilling program in south Texas
* Announces Q3 2012 oil production of approximately 300,000 barrels, a sequential increase of approximately 5%
* Remains on target to achieve its previously announced guidance for 2012 exit rate oil production
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