Bayswater730 17th Street , Suite 500, Denver, Colorado, United States

Bayswater (and the Bayswater Companies) is a Denver based Oil and Gas development company that was founded in 2004. The Companies have historically owned and operated properties throughout the Rocky Mountains, the Mid Continent Region, California, and the Permian Basin. Current operations are focused in the DJ Basin Codell-Niobrara play and the Permian Basin. Since 2010, Bayswater has been a principal in a series of energy funds, and in 2016 became a Registered Investment Advisor. Bayswater closed its third fund on October 20, 2017 (the Bayswater Elgin Natural Resources Fund III) at $390 MM and has fully committed that capital.

• Bayswater focuses on the top resource plays and basins within the United States. These plays typically have the lowest breakeven costs, best development economics, and are supported by a robust and competitive service sector.
• Since 2010, Bayswater has been a principal in a series of energy funds. We became a Registered Investment Advisor in 2016.
• The firm has over 256 years of collective industry experience.

The Bayswater Group of affiliated companies includes

• Bayswater Exploration & Production LLC
• Bayswater Resources LLC
• Bayswater Operating Company LLC
• Bayswater Management Company LP
• Elgin Energy LLC
• Elgin Management LLC

Bayswater currently executes along five strategic themes:

• Building upon our long and successful track record in the DJ Basin by acquiring leasehold, drilling horizontal wells, and managing operations in core Wattenberg Field, Weld County, Colorado.
• Acquiring and developing leasehold in the Wolfcamp and Spraberry plays in the Northern Midland Basin, Howard County, Texas.
• Acquiring and developing “Tier Two” acreage positions, outside of the current core development areas in the top plays and basins, but possessing technical attributes that we believe could ultimately deliver Tier One / Core economic performance.
• Acquiring minerals in top, active, horizontal plays, with a focus on the Delaware Basin, Texas.
• Pursuing “New Opportunities in Old Fields” in older, established fields and play concepts, either currently producing or having demonstrated productive potential in the past, for which production can be enhanced or re-established through the application of modern technology and improved operations.

Mission 

To create substantial value for our partners and shareholders; and to enhance the wealth and well-being of the communities in which we work by linking technology, opportunities, talent, capital, and executional excellence.

Vision

  Bayswater will have a long track record of delivering superior returns to our investors through accretive oil and gas property acquisitions, well-executed development programs, and timely exits.  We will be viewed as a top-tier energy management team by blue-chip institutional investors and as an E&P partner of choice in the industry.  This will be achieved by having substantial “skin in the game”; being relationship focused; providing a superior value-add proposition; HSE leadership; having a challenging and rewarding work environment for our employees; and having access to a quality network of prospect generators, service providers, and capital market partners.

Value/Core Beliefs

• We are in business for the long-term, maximizing the value of our company through executional excellence and by creating strong mutually advantageous business relationships.
• We are always honest, ethical, and open in our dealings with others
• We value a small company entrepreneurial culture, equity ownership, a flat organization, rewards based on the delivery of objectives, and multidisciplinary teamwork
• We value our employees, our network of contractors and partners, and having a safe, relaxed, positive, fun work environment.
• We value debate, diversity of opinion, and broad participation in business decisions
• We conduct our work without accident, without harm to people, and without damage to the environment. We meet or exceed ambient regulatory requirements.
• The development of oil and natural gas resources and the stewardship of a pristine, sustainable environment are not mutually exclusive. We will be leaders in demonstrating both are achievable.
• Affordable energy is vital for our country and we are proud participants in the American Energy Industry. For our Industry to be sustainable, its participants require a “social license to operate” which is gained by earning the trust of the communities in which we operate. That trust is fragile and is earned only by our daily actions.
• We will actively encourage and assist young people to pursue technical and business careers in Oil and Gas, making our company and our industry competitive and sustainable for the long-term