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ABOUT US 

Wasatch Energy Management, LLC (“WEM”) is a Utah based oil and gas management company. WEM is comprised of experienced oil and gas professionals (many of whom have worked together since 2003), who aren’t afraid to roll up their sleeves and get to work. They are familiar with all aspects of exploration, development and operations. WEM is particularly talented at finding the “diamonds in the rough” by closely monitoring industry activities and trends and digging into the nitty gritty of potential projects.

WEM management team has decades of experience in operations and has developed priceless relationships with contractors, industry partners, and state and federal agencies and personnel.

WEM acquires, develops and operates properties that fit within its core areas of operations and applies its engineering, geologic and operational expertise to discover new reserves, boost existing production, and increase value. WEM's assets are carefully selected based on geological and geophysical analysis of producing basins, and each drilling project is evaluated on the basis of geological character, reservoir potential, product marketability, and return on investment.

The major objective of WEM acquisitions is to acquire high quality oil and gas properties with production, proven reserves (PUD’s), behind pipe reserves and/or increased productivity achieved through enhanced operations.

WEM has the unique ability to take a project from inception to production:
- Analyze the geologic and geophysical merits
- Research oil and gas title
- Lease mineral rights
- Permit wells
- Drill wildcat and development wells
- Bring wells on production
- Efficiently operate wells  

WHY UTAH

  • Utah has ~5,100 producing oil wells and ~7,200 producing natural gas wells.
  • Overall Utah ranks 11th in the United States in crude oil production and 10th in natural gas and contains 3 of the top 100 fields.
  • Despite that Utah remains a non-core area for most industry players.
  • Recent market downturn has created opportunities to acquire producing assets within the State at attractive values.
  • Political & business climate in Utah is much more favorable and pro-industry than in many neighboring Rockies states such as Colorado.

WHY US

  • Utah  Focused.
  • $100MM of capital invested; focused mostly in early stage leasing and exploration plays.
  • We have leased and sold or contracted over 1 million mineral acres in Utah.
  • Formed 12 Units (1 State and 11 Federal) covering in excess of 580K mineral acres combined.
  • Licensed Operator in the State of Utah and Texas.
  • Currently operate 89 wells.
  • Negotiated sales, purchases or joint ventures with industry leaders such as: Anadarko Petroleum Corporation (NYSE:APC), Conoco Phillips (NYSE:COP), Chesapeake Energy (NYSE: CHK), Southwestern Energy Co. (NYSE:SWN), Fidelity Exploration and Production (NYSE:MDU), Clayton Williams Energy, Inc. (NASDAQ:CWEI), Petro-Hunt, LLC, Yates Petroleum, Armstrong Oil and Gas, Encana Corporation (NYSE:ECA), Talisman (NYSE:TLM), PetroCanada-Suncor (NYSE:SU), Crescent Point Energy (NYSE:CPG), EP Energy (NYSE:EPE), Finley Resources and Patara

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