BASA Resources is an independent oil and gas producer with a focus on the analysis, acquisition and management of proven developed producing reserves. The company, with monthly production of approximately 225,000 barrel of oil equivalent, ranks as one of the largest private producers of liquid hydrocarbons in the United States and among the top 30 of the more than 8,400 producers of oil in the state of Texas. The company owns and operates more than 2,500 wells located in three states throughout nearly 60 different fields. The company specializes in the recovery of oil and gas reserves from mature wells that require the use of special techniques known as secondary and tertiary recovery. Prospective acquisition candidates for BASA are characterized by decline curves, demonstrated stability in production, extended economic life and recognizable upside potential. All of these factors, combined with BASA s lean management and operations structure, contribute to the achievement of risk-adjusted returns. BASA Resources is headquartered in Dallas.