The San Juan Basin, located in southwest Colorado and northwest New Mexico, has yielded commercial gas for more than a century. NueVida Resources — a name signifying “new life” — was formed in 2016 to evaluate and capture assets in the San Juan Basin. Utilizing its proprietary database of geologic, engineering and land information, NueVida has strategically assembled a core position of Mancos Shale dry gas leasehold.
The NueVida team has been represented in the San Juan Basin for more than sixty years. The father of our CEO, John Beecherl, was the President of Tex-Star Oil & Gas who owned interests in leases and wells within our core block in the early 1960s. Our Chief Geologist, Glen Luebking, served as Geologic Manager for Black Hills Gas Resources, and our Chief Operating Officer, Dick Pate, managed assets in the basin for Mitchell Energy. Jim Bob Byrd, the NueVida V. P. – Asset Development, has worked on acquisitions and operations in the basin for Burlington Resources, Black Hills Gas Resources, and the Jicarilla Apache Energy Corporation.