GMT Exploration Company (GMT) is offering a 40% non-operated interest in certain DJ Basin operated
and non-operated wells and leasehold.

GMT will entertain offers for the entirety.

• 22 horizontal PDP wells across 9 DSUs
• 5-year drilling plan includes 60 locations
• GMT owned and operated midstream
• 4.6% interest in eight new 3-mile Civitas wells 
• 26,000 leasehold acres (~62% HBP)
• By July 2028, production from 32 proven undeveloped locations adds 3,500 net BOEPD and $4.9MM/month operating cashflow
• Licensed 3D seismic covering majority of the acreage block
• September 2025 PDP net cashflow of $800k and 724 BOEPD (87% Liquids)
• NTM GMT operated PDP cashflow of $3.0MM, NTM Civitas non-op PDP cashflow of $3.2MM

View Entire Listing

• 35 producing horizontal wells in Tier 1 leasehold postion
• $3.4MM September net cashflow
• $29.1MM NTM estimated net cashflow
• 3,325 BOEPD (40% Oil, 28% NGL, 32% Gas)
• 94% average working interest
• 1,830 net leasehold acres 
• Streamlined operations with four surface locations in close proximity
• Five near term Occidental PUDs offsetting operated wells

Now available are the 2025 first quarter basin activity maps and quick looks on our site. Raw data provided by Enverus.

Whether partnering with us for buy-side, divesting your assets, getting a fair market opinion, building reserve reports, or leveraging machine learning for your data, we are here to facilitate. Please contact our team with any questions.

21st Annual
Business Development Networking Reception
Hosted By:
The Mid-Continent A & D Group

You and your company’s Business Development or A&D representative are invited to attend a networking reception on Thursday, January 16, 2025, from 5:30PM to 7:00PM at the at the Oaks Country Club, located at 6500 S. 49th W. Avenue, Tulsa, Oklahoma.

Please take the time to have a representative of your company join us for an evening of networking and conversation with other A&D professionals.

Thank you for the generous support of the Mid-Continent A&D Group sponsoring companies.

Attendance is complimentary. Registration is not required.

• 76 mineral/ORRI properties including 14 with a working interest component
• $403,000 June 2024 PDP net cashflow
• $3.84MM 12-month estimated PDP net cashflow
• 332 BOEPD (70% Liquids)
• 113 net mineral acres
• 4.6% average leasehold ORRI in multiple DSUs
• 3.3% average ORRI in existing wellbores

Now available are the 2024 fourth quarter basin activity maps and quick looks on our site. Raw data provided by Enverus.

Whether partnering with us for buy-side, divesting your assets, getting a fair market opinion, building reserve reports, or leveraging machine learning for your data, we are here to facilitate. Please contact our team with any questions.

• Mineral and royalty asset in core Williston Basin, primarily operated by Continental Resources with numerous upside locations and existing cashflow
• 560 net mineral/royalty acres in a highly active township within Williams County, North Dakota
• May 2023 estimated PDP net cashflow and production of $70k and 35 BOEPD (87% oil)
• NTM cumulative PDP net cashflow of $605k and NTM PDP reserves of 9.5 MBOE
• Three confidential wells expected online by April (may be producing by the effective date)
• 26 additional economic undeveloped locations on three pads

• Premier leasehold and mineral position with 18 operated and 7 non-operated producing horizontals. Tier 1 well performance in multiple Niobrara benches and Codell
• 8,400 BOE/D September net production (81% liquids) from diversified commodity mix
• September 2022 PDP net cashflow of $15.0MM (99% from operated horizontals), NTM PDP net cashflow forecast of $102MM.
• 3,628 net leasehold acres (~94% HBP) and 338 net royalty acres in minerals. 55% of leasehold has overriding royalties averaging 6.6%.
• Production from 38 operated "drill-ready" locations in Weld County adds 18,900 net BOEPD and $34MM/month operating cashflow by September 2023

Now available are the fourth quarter basin activity maps and quick looks on our website. Raw data provided by Enverus.

These printer-friendly, high-resolution maps have been updated with the latest permit and well data. The quick look tools are Excel based data visualization dashboards allowing users to evaluate completion details and well performance over time.

Please contact our team with any questions and see Enverus’ website for details on source data.

The team at Meagher Energy Advisors wishes you a very Merry Christmas and Happy New Year!

19th Annual
Business Development Networking Reception
Hosted By:
The Mid-Continent A & D Group

You and/or your company’s Business Development or Acquisitions and Divestitures representative are invited to attend a Networking Reception on Thursday, January 19, 2023, from 5:30 pm to 7:00 pm. The reception is being held at the Oaks Country Club, located at 6500 S. 49th W. Avenue, Tulsa, Oklahoma.

Please take the time to have a representative of your company join us for an evening of networking and conversation with other A&D professionals.

Thanks to the generous support of the Mid-Continent A&D Group sponsoring companies, attendance is complimentary. Registration is not required.

Sponsoring Companies for this event are:

Waveland Energy Partners LLC
Red Bluff Resources
FourPoint Energy, LLC
Continental Resources, Inc
ZaCale Resources Company, LLC
Sanguine Gas Exploration, LLC
Ascent Resources
Coterra Energy
Flywheel Energy
Black Knight Energy LLC
Panther Energy Company IV,LLC
Scout Energy Partners
Priam Energy LLC
Scissortail Energy Partners, LLC
Chesapeake Energy Corporation
Merit Energy
Laredo Petroleum

EnerVest, Ltd
Samson Energy Company
Caliber Resources Partners
Olifant Energy II, LLC
Occidental Petroleum Corporation
89 Energy III LLC
Eagle Environmental Group, LLC
Canyon Creek Energy, LLC
Foundation Energy
Mustang Fuel Corporation
Ovintiv
Camino Natural Resources, LLC
Chisholm Oil and Gas Operating, Inc
Phoenician Resources
Nexus BSP LLC
Canvas Energy
Meagher Energy Advisors

Now available are the second quarter basin activity maps and quick looks on our website. Raw data provided by Enverus.

These printer-friendly, high-resolution maps have been updated with the latest permit and well data. The quick look tools are Excel based data visualization dashboards allowing users to evaluate completion details and well performance over time.

Please contact our team with any questions and see Enverus’ website for details on source data.

Best,
Meagher Energy Advisors

• 10,200 net acres (88% HBP) in Turner/Frontier and Niobrara.  Continental currently has an active rig on the position with plans to bring a second rig to the immediate area in the near term
• April 2022 PDP net cashflow of $211,000 and 151 BOEPD (74% Oil). 12-month estimated net cashflow of $2.5MM. Few shut-ins with limited P&A liability
• Production from 26 new wells adds 4,700 net BOEPD and $7.8MM/month operating cashflow by March 2023.  23.9MMBbls net oil reserves and 31Bcf gas from future upside

• $372MM PDP PV10 
• $7.2MM December Net Cashflow 
• 7,200 BOE/D Net 
• ~166,330 Net Acres 

Meagher Energy Advisors has been retained to assist in the sale of certain Uinta Basin assets in Utah. The assets are being offered as two distinct packages (Non-Operated Leasehold / Working Interests and Minerals / Royalties). 

ASSET HIGHLIGHTS

• 3,400 net leasehold acres and 2,930 net royalty acres in the best reservoir rock, with 63 producing horizontals

• Well EURs and economics among the best in the US with multiple horizontal targets in the Uteland Butte, Wasatch, and Castle Peak formations

• May 2022 PDP net cashflow of $1,280,000 and 650 BOEPD

• 52 new DUCs add 1,600 net BOEPD and $3.2MM/month by September 2022

• XCL, EP Energy (Crescent Energy), and Ovintiv have rigs on or adjacent to the position

• 466 additional 2-mile locations identified on the position

• 5.2MMBbls net oil reserves and 8.5Bcf gas from future development locations

Please contact Nick Asher for details and Confidentialty Agreement.

• March 2022 estimated PDP net cashflow of $543,000 and 324 BOEPD (60% Oil). 12 month estimated net PDP cashflow of $3.8MM.
• 894 net royalty acres, all HBP and leased at 12.5% to 15% royalty.
• 426 net royalty acres in 2 Chevron DSUs (18 wells permitted) with first production expected in 2023. An additional 68 net royalty acres contain 46 horizontal locations.

• 34,423 MCFE/D September net production consisting of 76% Gas and 20% NGL. 90% of the production comes from 29 operated horizontal wells.
• September estimated EBITDA of $3.3MM with a 68% profit margin and a 12-month forecast total PDP net cashflow of $31.5MM.
• 20,000 de-risked, high working interest HBP net acres in core STACK. Concentrated in the most active parts of the basin with rigs offsetting acreage.

• $372MM PDP PV10 |
• $7.2MM December Net Cashflow |
• 7,200 BOE/D Net |
• ~166,330 Net Acres |

• 8,321 BOE/D December net production (70% Liquids) from diversified commodity mix.
• $5.4MM June 2021 net cashflow forecast, $54.9MM 12-month net cashflow forecast. 
• Redtail plant, midstream compression and gathering systems contributes $1.1MM/Month.

• April estimated EBITDA of $2.65MM with a profit margin of 82% including midstream, and a 12-Month forecast total PDP net cashflow of $30.4MM. 

• 32MBOE in 1P reserves representing a 15.76-year R/P ratio, shallow annual decline rate of 13% for the oil phase and 10% for the gas phase.  Limited near-term P&A.

• Trailing 6-Month average net production of 5,532 BOE per day consisting of 10% oil, 40% NGLS and 50% gas by revenue from 194 operated PDP wells.

• Wholly-owned Wheeler Midstream compression and gathering systems contribute over $700k in stable fee-based cashflows per month.

• March estimated operating EBITDA of $281,697 and a 12-Month PDP forecast total cashflow of $3.06MM
• Trailing 6-Month average net production of 8.1MMCFE per day (70% Gas)
• Long life assets with 26.56BCFE in PDP reserves representing an 8.9-year R/P ratio 
• 118,000 net leasehold acres with nearly all acreage HBP
• High rate-of-return non-producing and behind-pipe opportunities with reserves totaling 16.8BCFE