Luca Technologies

Luca Technologies is a privately held company headquartered in Golden, Colorado. Founded in 2003, the company employs 51 people. Luca Technologies has raised approximately $99 million in venture capital and private equity funding from firms like Kleiner, Perkins, Caufield & Byers, One Equity Partners, Oxford Bioscience Partners, and BASF Venture Capital. Luca Technologies specializes in a proprietary technology that stimulates naturally occurring microorganisms in hydrocarbon deposits, such as coal, oil, and organic-rich shales. This process accelerates the bioconversion of these resources into methane, the primary component of natural gas. The company produces and sells this newly created gas, utilizing existing infrastructure and delivering it to the natural gas market through established pipelines. Currently, Luca Technologies operates over 1,350 wells in the Powder River Basin. The company's future plans include acquiring additional wells within the Powder River Basin and expanding its operations to multiple basins across the United States and internationally. For more information, please visit Luca Technologies' website at lucatechnologies.com.