New America Energy, Inc. (OTCMKTS: NECA) is an independent exploration and production company focused on onshore oil and natural gas assets in the United States. Headquartered in Houston, Texas, the company undertakes the acquisition, development and operation of upstream properties across key unconventional resource plays. Its asset portfolio includes working and net revenue interests in major shale basins such as the Eagle Ford, Haynesville and Austin Chalk, where it applies advanced drilling and completion techniques to optimize hydrocarbon recovery.
Since its founding in 2015, New America Energy has pursued a strategy of assembling acreage positions in regions with established pipeline infrastructure and proven reservoir performance. The company’s operational activities encompass well drilling, hydraulic fracturing, production optimization and facility management. In addition to upstream operations, NECA leverages a small-scale midstream network—comprising gathering pipelines, compression stations and dehydration units—to handle, process and transport gas and condensate to third-party takeaway points.
New America Energy emphasizes cost‐efficient drilling programs and continuous reserve replenishment through disciplined capital allocation and technical innovation. By focusing on stacked pay zones and multi-well pad development, the company seeks to reduce per-well costs while maintaining production growth. It also engages in periodic asset evaluations and farm-out arrangements to streamline its portfolio and prioritize high-margin opportunities.
Led by President and CEO James F. Keenan—an industry veteran with more than two decades of upstream experience—and CFO Robert A. Lowry, New America Energy prides itself on a lean management structure and deep technical expertise. The board of directors includes seasoned energy executives and independent members who guide the company’s strategic direction as it pursues long-term value creation in North American oil and gas markets.
AI Generated. May Contain Errors.