GEORGE BASYE, Vice President
Aera Energy LLC
George Basye is a Vice President with Aera Energy LLC, one of the state’s leading oil and gas producers with operations throughout much of central and southern California. These operations account for approximately 30% of the state’s daily production. In addition to oil and gas production, the company also owns significant landholdings totaling more than 4,000 acres in Orange and Los Angeles counties.
Mr. Basye is responsible for the management, planning, entitlement and disposition of these properties as they transition from oil production to other beneficial uses. An 840 acre former oil field site in Yorba Linda is currently building out its fourth and last phase as a Master Planned Community known as Vista Del Verde. Vista Del Verde, developed in a limited partnership with Toll Brothers, at build-out will result in about 1,800 homes having been constructed by several leading homebuilders and also features an 18 hole championship golf course. The Black Gold Golf Club was designed by renowned golf course architect, Arthur Hills, as an environmentally sensitive recreational amenity and is open to the public. Mr. Basye was responsible for securing the entitlements for Vista Del Verde which included a comprehensive Preannexation and Development Agreement. Other projects that currently are in process include a 3,000 acre master plan proposal in southern Los Angeles County that involves a number of adjacent cities and communities and a 400 acre site in Newport Beach along Pacific Coast Highway overlooking the Pacific Ocean.
Mr. Basye, a veteran of the U.S. Army, graduated from the University of Missouri – Rolla with a degree in Geological Engineering in 1983. He is a former President of the Yorba Linda Chamber of Commerce, presently serves on the Board of Directors of the Regional Chamber of Commerce – San Gabriel Valley and is the current Chairman of the Orange County Taxpayer’s Association. Mr. Basye resides in Yorba Linda with his wife, Cindy, and has three daughters, a granddaughter and two grandsons.