MGE focuses its exploration efforts and targeted lease acquisitions entirely within the Rocky Mountain Region with key focus areas being the DJ Basin, the Uintah Basin, and the Paradox Basin.
Utilizing geologic research, modern geoscience technology and discovery-thinking, we identify and develop select oil and gas opportunities.
Our strategy is simple:
Make good investment decisions based upon sound geological data, and grow those investments, our company, and our networks through integrity and fair dealings.
MGE is currently exploring for oil and gas in the DJ Basin, the Uintah Basin, the Utah and Wyoming Thrust Belts, and the Paradox Basin.
We are one of the largest private companies in the DJ Basin with 40,000 gross acres, operated and non-operated land holdings.
We have substantial holdings in the Uintah Basin and are currently seeking a partner to develop 24,500 net acres of state lands where we are targeting oil and wet gas from both the lower Mancos B and Niobrara formations.
We are presently performing research on the Paleozoic and the Trust Belt in Utah and expect to have two prospects available for evaluation in mid 2023.
We generate drilling projects ranging from high-risk, high probability, high-reward wildcats to permitted, ready-to-drill horizontal drilling projects and are always seeking drilling partners.
PUD acreage, JV drilling, and AFE opportunities are available
Contact us about our projects and partnership opportunities