Retamco Operating

Retamco Operating Incorporated is a privately held Texas Corporation founded in 1986. Since 1995 the Company has been based in Red Lodge, Montana. Retamco was founded by Stephen M. Gose. Its business is focused on the early development of basin-wide resource plays in the Rocky Mountain region. The operating strategy of Retamco is to establish large... acreage blocks in highly prospective oil and gas basins and then leverage its position to participate in field development. This early entry strategy keeps leasehold costs low and allows the Company the ability to participate in the development of a wide range of prospects across various geologic regions. For 60 years, Retamco and other entities developed by the founder have had considerable success in building large mineral positions in early stage field developments. These basin wide targets are selected based on detailed review of available geological information and priority is given to those areas with the highest potential for upside return. The current state of drilling and production technology also plays a significant role in determining where Retamco chooses to participate. Past successful oil and gas plays for Retamco and it predecessors include the Ft. Worth Basin during the early 50's, the Arkoma Basin of Oklahoma during the 60's and early 70's, the Austin Chalk play of Texas through the 70's, 80's and into the 90's, the Maverick Basin of Texas during the 80's and 90's, and the Denver-Julesburg, Piceance (Colorado) and Uinta (Utah) Basins during the 90's through the present. Retamco currently has an inventory of oil and gas properties of nearly 1 million acres throughout the Rocky Mountains.Read More