About the Company

GMT Exploration Company LLC is a privately held independent oil and natural gas company engaged in the generation, operation and development of oil and natural gas properties in Alaska and Wyoming and currently pursuing new opportunities in Alberta, Canada and the DJ Basin in Colorado.  The Company is a limited liability company formed in January 2005 as successor to GMT Energy Corp. The company operates as GMT Exploration Zama Inc. in Alberta, Canada.

GMT Exploration Company’s fundamental strategy is to identify, acquire and build large operated resource style plays. The Company’s business strategy takes a full cycle long term approach and is designed to maximize returns on invested capital through a build, develop and selectively sell strategy. The Company has historically built, operated and sold significant positions in East Texas, Alaska, and the Delaware Basin in New Mexico.

The individual components of the Company’s business strategy are identified below:

Capitalize on Technical Expertise
Project Generation Through an Experienced Team with a Proven Track Record
Pursue Join Ventures and Strategic Acquisitions
Grow Through Exploration and Development Drilling
Maintain Financial Flexibility

The Company’s capital resources consist primarily of cash flow from oil and gas properties, returns from property sales, asset-based borrowing supported by oil and gas reserves and our LLC members.


Since inception the company has completed several private offerings raising $225 million in gross proceeds.


Over $550 million has been returned to shareholders since inception.


Current company value of $306.5 Million.