Escondido Resources
Robert Lestz is an experienced executive in the oil and gas industry, currently serving as the Executive Vice President of Technology and Operations at Escondido Resources since May 2021. Lestz is also the President of Greyhorse Engineering and Technology, LLC, which focuses on transferring innovative technologies to the industry. With a 20-year background in technology scouting, invention, commercialization, and transfer, Lestz previously held the position of Chief Technology Officer at eCORP International, where efforts were directed toward sustainable resource development in Western Europe. Prior roles include Chief Technology Officer at GasFrac Energy Services and Unconventional Resources R&D Theme Manager at Chevron Energy Technology Company. Lestz holds a BS in Petroleum Engineering from The University of Texas at Austin.
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Escondido Resources
Escondido Resources is a private independent exploration, production and development company focused on developing conventional and unconventional reserves in South Texas. Escondido's senior management team has been working in the South Texas region since the late 1980s, and the company's strategy is to grow through low-risk exploitation and development along with higher-risk exploration of its existing properties and acreage. Currently, Escondido is developing its 40,000 gross-acreage position in Webb and LaSalle counties in the prolific Eagle Ford Shale along with the Olmos and Escondido formations utilizing horizontal drilling technologies. These new technologies dramatically enhance the company's ability to economically increase production and reserves while minimizing the environmental footprint of its operations.