Ben Lusher's Colleagues at Nexus BSP LLC
Ben Lusher's Contact Details
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Nexus BSP LLC
Ben Lusher's Company Details
Nexus BSP was launched in 2015 to invest in non-operated working interests and mineral positions across the United States. It currently holds interests in 230 producing wells, over 4,700 net leasehold acres and 3,500 net mineral acres. Nexus BSP was formed through the consolidation of two oil and gas companies that had been built by the same management team, Nexus Resources LLC and Blind Squirrel Partners, LLC. Nexus Resources LLC ("NRL") was founded in 1998 as an exploration and production company focused in Cameron Parish, Louisiana. Between 2000 and 2010, NRL participated in the successful drilling of 18 wells on its Cameron Parish Assets and generated revenues of $80.6 million on capital expenditures of $16.9 million. As gas prices declined between 2009 and 2011, the operator of these properties curtailed drilling of these holdings and disclosed no plan to resume activities. Predicting this development, NRL's management chose to pivot the company to a model that would diversify its asset base to include non‑operated interests outside of Cameron Parish. In 2011, Blind Squirrel Partners, LLC ("BSP") was formed to focus on acquiring working interest and other mineral opportunities in defined areas of focus onshore in the United States. NRL partnered with BSP, and the two companies built a diversified working interest portfolio in emerging resource plays. In 2014, NRL sold off its Cameron Parish assets. NRL and BSP, virtually mirror images of one another by asset base, subsequently completed a consolidation, forming Nexus BSP LLC. Nexus BSP currently owns non-operated working interests in the Bakken/Three Forks play in North Dakota and in the Anadarko Basin in Oklahoma. It owns mineral interests in Colorado, Montana, New Mexico, Ohio, Oklahoma and Pennsylvania.