UK grad's company intends to go public

A Texas-based energy exploration company founded by a University of Kentucky graduate has filed for an initial public offering. Matador Resources Co. filed its initial paperwork with the U.S. Securities and Exchange Commission last month and intends to be listed on the New York Stock Exchange.

The company was founded by and is led by Joe Foran, a 1974 graduate of UK, according to a news release.

Matador Resources explores for oil and natural gas in parts of Texas and Louisiana.