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Brett A. Murray & Associates, Inc.
PO Box 295
BAMA Inc Announces Closing and Sale of Crescent Junction
Federal Unit consisting of 80k Net Acres.
HOUSTON, TX (November 11, 2014) – Brett A. Murray & Associates, Inc., (BAMAINC) announced today that it
has closed on an agreement with a private company to acquire Juniper Capital, LP.’s (JUNIPER) 80,945.62 m/l net
acres for approximately $3.5 million. Under the agreement and in terms with the Federal Unit drilling obligations,
the private company will acquire 87.5% working interest and be obligated to drill additional four horizontal wells at
roughly $10.0 million drilling commitment.
“We are extremely pleased to have been vented and engaged by Juniper in locating a potential buyer,” commented
Brett A. Murray, BAMAINC’s founder. “Juniper is a world-class outfit with assets all over the globe. Our team was
able to get to closing with zero defaults on a large leasehold with seven existing wells. The excitement and
proximity to Fidelity Exploration and Production’s (NYSE: MDU) Cane Creek 12-1 well and Paradox Basin
prospect made this an exciting closing for both parties. The new buyer will be able to accelerate the development of
the Mancos as recently discovered with the drilling and completion of the Tidewater State 32-31H-2119 (Picture
below) well. The deep oil potential in the Paradox formation has a huge upside with offset operators and on the
extensive seismic that was acquired in this sale.”
The transaction is effective as of October 1, 2014.
About Juniper Capital, LP
Mr. Richard K. Gordon is the General Partner of Juniper Capital, L.P. and Juniper Energy, L.P. These companies own in excess of $2.0 billion of
energy-related assets. Prior to the establishment of Juniper Capital and Juniper Energy, Mr. Gordon was a Vice Chairman of Merrill Lynch’s
Investment Banking Group and head of the firm’s energy, power, structured finance and Canadian groups. Mr. Gordon was responsible for many
of the largest energy mergers, acquisitions, and corporate financings in U.S. history. Prior to joining Merrill Lynch in 1993, Mr. Gordon was a
Managing Director of The First Boston Corporation. In addition to forming Juniper Capital and Juniper Energy, Mr. Gordon has founded or co-
founded more than ten other companies engaged in various activities, including energy, telecommunications, restaurants, and real estate
development. Mr. Gordon currently serves on several public and private boards besides ExoStat, including Atmos Energy, the nation’s second
largest distributor of natural gas, and Resuscitation International, LLC, a medical device provider located in Scottsdale, AZ. Mr. Gordon holds a
B.A. from Colgate University and a M.B.A. from Cornell University.
Brett A. Murray at (970) 854-2667, email@example.com