History

Basin Oil and Gas was formed in 2009 by Stephen Howard to purchase working interests and to buy mineral and royalty interests throughout the United States. Today, Basin is active in 10 different U.S. regions.

Current Focus

In 2014, Stephen Howard and Mason Manulik launched Basin Acquisition Fund to expand and acquire additional domestic oil and gas interests. The Fund, which closed in late 2014, is seeking assets ranging in size between $5 - $200 million. Basin has hired best in class talent in each discipline to ensure quick and thorough evaluations, negotiations and transaction closings. This team brings years of transaction experience across several oil and gas commodity cycles and has completed transactions on over $1.4 billion worth of assets since 2006.

Our acquisition analysis is an asset grounded, cash flow driven process that seeks to create beneficial returns for both the buyer and the seller. Basin’s private funding provides us the ability to transact at our own discretion, which has helped build our reputation as a reliable acquirer of oil and gas assets. The Fund’s long term, patient capital structure provides sellers access to liquidity at attractive valuations and makes Basin a preferred industry partner.