Our Team
Jerod r. padgett, President
A native West Texan, Jerod Padgett has been in the oil and gas business for nearly two decades. He began his career in the industry while working on drilling rigs across the Permian Basin. He then transitioned from the drilling rigs and started working as a Landman with Atlantic Operating. He played a key role in growing the company’s leasehold position from 3,500 acres to approximately 32,000 acres by acquiring leasehold interests in the “Wolfbone” resource play in Reeves County, Texas.
After Atlantic’s successful divestiture of their leasehold position to NGP, Jerod remained on the team that founded Atlantic Exploration, LLC. This team would manage and grow the original Atlantic assets through additional acreage acquisitions, as well as the drilling of over 35 horizontal wells, until their divestiture to Centennial Resources Development, Inc.
Jerod then went on to co-found Atlantic Resources Company, LLC. In his role as Land Manager, Jerod was responsible for leading the company’s leasehold acquisition efforts, managing the internal land team and overseeing contract title brokers. Jerod then left Atlantic Resources Company to pursue solo opportunities in the mineral acquisition space.
Soon after leaving Atlantic, Jerod founded Angle Investments, LLC and Gusher Royalty, LLC. He serves as President of both companies. Since the inception of Angle and Gusher, Jerod and his partners have been directly involved in approximately 200 mineral and royalty transactions totaling more than $150 million in invested capital.
Jerod prides himself on his transparency and efficiency when dealing with royalty owners in West Texas. His wealth of knowledge and experience has proven to be an invaluable resource for mineral and royalty owners across the Permian Basin.
Jerod earned his undergraduate degree in Finance from Angelo State University and his Master of Business Administration from Texas Tech University. In his free time, Jerod coaches his son’s football team, enjoys hunting and fishing and working on his golf game.
If you’re interested in learning more about how divesting your mineral and royalty interests might benefit you, contact Jerod directly.
Jerod Padgett
432-262-0090
jimmy essman, business development manager
Born and raised in Midland, Texas, Jimmy Essman has always wanted to work in the oil and gas industry. Jimmy began his career with Purple Land Management, a land service company, where he quickly became proficient in mineral and leasehold title acquisitions.
Shortly after starting his career Jimmy was recruited by Epic Permian Resources, a privately held operating company in Midland, to work for them as a Landman. During his time there, he assisted in multiple leasehold acquisitions helping to grow the company’s acreage position by approximately 50,000 acres. He was responsible for surface landowner relations for Epic’s 250,000-acre leasehold position in Crockett County, Texas.
After over 3 years with Epic, Jimmy decided to look for work in the private mineral acquisition space. After having previously worked for Gusher Royalty President Jerod Padgett while in college as a land intern with Atlantic Operating, the two reconnected over opportunities. He joined Gusher Royalty in 2022 where he currently serves as the company’s Business Development Manager.
Jimmy’s familiarity with the Permian Basin, its residents, and the oil and gas business help to ensure that mineral and royalty owners who choose to work with Gusher Royalty has the best experience possible, from start to finish.
Jimmy graduated from The University of Texas at Austin in 2017 with a Bachelor of Arts degree in Economics, and a certification in Energy Management.
To learn more, contact Jimmy Essman:
Jimmy Essman