ACTIVE IRON intends to acquire and manage multiple oil and ​ gas assets with the specific goal of targeting assets with proved​ behind pipe recompletion opportunities, and to execute the ​ strategy in a timely manner to maximize the value of the assets.  This includes an acquisition strategy focused on conventional (and select mature unconventional) Proved Developed Producing (“PDP”) oil and gas assets, including acquiring asset management opportunities from banks and financial firms.

The management team’s qualifications and core competencies come from analyzing and valuing hundreds of targeted asset acquisitions in every major petroleum basin in the United States.  Tim Murray has significant petroleum engineering, banking, workout, alternative capital, and private equity transaction experience over a 41-year career. Kevin McMillan has a 40+ year experience on the corporate side of E&P companies with extensive experience in managing finance, accounting and oil and gas assets.  

 The combination of Tim, Kevin and the management team together have a broad network of contacts throughout the oil industry.  Active Iron has opened offices in Houston and Midland Texas to facilitate business development and asset diligence.  The management team’s historic perspective as operating and lender/investor professionals is anchored in a foundation of healthy skepticism and deep diligence that is critical to continued success through all cycles.