Pecos Ridge Properties
Activity Update

Stay connected to your investment with monthly updates from Montego Minerals, including portfolio insights, operator activity, and market trends, providing helpful context behind your distributions.

Activity Update Video

Watch this month’s video update below, featuring Sean Caldwell, President of Capital 
Markets, and Gregg Frasure, Vice President of Acquisitions.

Our video updates follow a rotating schedule designed to give you both portfolio-specific insights and broader market context. Each portfolio is highlighted in a dedicated quarterly deep dive, while the months in between focus on industry trends, basin activity, and overall market updates.

In this video, Sean and Gregg share recent activity, key developments, and helpful 
perspective to keep you informed on your investment.

2026 PECOS RIDGE PORTFOLIO RETURNS

What These Metrics Mean

Annualized Yield - An estimate of the yearly cash return based on distributions received so far.

Tax-Equivalent Yield - Estimates assume a 30% effective tax rate and remaining depreciable basis. Investors participating via a 1031 exchange generally have a reduced tax basis, which may limit the impact of cost depletion and reduce the relevance of tax-equivalent yield. Consult your tax advisor when reviewing Montego’s depletion schedules.

Lifetime Annualized Yield - The average annual cash return since the investment began.

Total Return - The total performance of the investment, including all distributions received to date.

Wells at Inception - 556

Current Well Counts - 643

Percentage Growth - 15.65%

PORTFOLIO DETAILS

SPOT PRICING
(Gas)

$4.05