Basa Advisors - Investment Advisers

About Basa Advisors

Basa Advisors is an investment adviser headquartered in Dallas, Texas, and is included in the Investment Advisers in Texas listings. The registry gives its legal name as Basa Resources, Inc. The firm reports regulatory assets under management of $95.68 million and 14 employees. It also appears in the Directory of US Investment Advisers. The firm has focused since its founding on acquiring and developing established, producing oil and gas assets. It generally targets mature properties that larger oil and gas companies have sold, often to redirect capital toward exploration, offshore projects, or newer resource plays. The firm states that its goal is to lower operating expenses and raise production on these assets, with an aim of risk-adjusted returns. It owns most of the assets it manages for its own account, and outside partners and investors have also taken part in its projects. The firm specializes in recovering reserves from aging wells through methods such as secondary and tertiary recovery, which draw on engineering, oilfield mechanics, and reservoir optimization. It says its employees average more than 20 years of oil and gas experience, and many field staff have worked the same fields for most of their careers.

Key Facts

Assets Under Management

$95.68M

Employees

14

SEC File Number

801-113534