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GMT Exploration Company LLC

Company Summary

Description

GMT Exploration Company LLC is a privately held independent oil and natural gas company currently engaged in the generation, operation and development of oil and natural gas properties primarily located in Alaska, East Texas, Montana, New Mexico and Wyoming.

Website

http://www.gmtexploration.com/

Recent news

Company Transactions

Date: 6/28/2019
Type: Acquisition

BUYERS:
  • Oil Search Limited
    • SELLERS:
  • GMT Exploration Company LLC
  • Armstrong Energy Inc.
    • DETAILS:

    COST: 450 $MM

    REGIONS:
  • Alaska

    • Date: 6/28/2019
    Type: Acquisition

    BUYERS:
  • Oil Search Limited
    • SELLERS:
  • GMT Exploration Company LLC
  • Armstrong Energy Inc.
    • DETAILS:

    COST: 450 $MM

    REGIONS:
  • Alaska

    • Date: 2/15/2018
    Type: Acquisition

    BUYERS:
  • Oil Search Limited
    • SELLERS:
  • Armstrong Energy Inc.
  • GMT Exploration Company LLC
    • DETAILS:

    COST: 400 $MM

    NOTES:
    The deal includes a 37.5% interest in the Horseshoe Block on the Alaskan North Slope. They will assume operatorship in March 2018 and a team will be placed in the region in the next six months, followed by potential field development in 2019.
    REGIONS:
  • North Slope

    • Date: 5/31/2017
    Type: Acquisition

    BUYERS:
  • Centennial Resource Development
    • SELLERS:
  • GMT Exploration Company LLC
    • DETAILS:

    COST: 350 $MM

    VOLUMES: 2.1 MBOE/d

    ACRES: 11860 Acres

    REGIONS:
  • Delaware Basin