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Matthew Iak

Executive DirecTor & President, Capital Markets

Matthew Iak is the President, Capital Markets of U.S. Energy Development Corporation and a member of the company’s Board of Directors. He has overseen the capital raise of more than $3.5 billion since he joined the company in 2005.

Mr. Iak has extensive knowledge of private placement, Regulation D, and estate and tax planning strategies. He has led the construction and underwriting of multiple new investment structures in the oil and gas space which include, energy 1031 exchange funds, private capital acquisition funds, and most recently qualified opportunity zone funds.

In addition to being on the Board of Directors at U.S. Energy, Mr. Iak is a member of the company’s second generation leadership team, serves as the President for a series of family real estate and real estate management companies, and is the CEO and President of U.S. Energy’s Managing Broker Dealer, Westmoreland Capital Corporation. Mr. Iak is also a board member for Real Asset Advisor.

Prior to joining U.S. Energy, Mr. Iak worked as a financial advisor and oversaw client assets in excess of $1 billion.

A highly sought after public speaker, Mr. Iak is frequently invited to present within the financial community on oil & gas economics, taxation, and financial planning. Mr. Iak is a graduate of Canisius College and holds his FINRA Series 7, 24, 63, and 66 licenses.

NEWS & INSIGHTS

Latest News & Insights

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U.S. Energy Development Corporation to Deploy Up to $1 Billion in 2026

U.S. Energy today announced its plan to deploy up to $1 billion in 2026. The firm will build on its momentum from 2025 to expand its portfolio of upstream assets across the lower 48, capitalizing on a dynamic energy market while maintaining a focus on developing high-quality projects with trusted ...
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U.S. Energy Development Corporation Names Matt Iak President, Capital Markets

U.S. Energy has appointed Matthew Iak as President of Capital Markets and announced a series of key executive promotions including Michael Haven and Todd Witmer.
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Oil Market Update and Post-Election Outlook

USEDC Provides Year-to-Date Oil and Gas Market Update and Post-Election Outlook

Matthew Iak, USEDC Executive Vice President, Shares His Outlook on the Market, the Impact of Regulatory Change, AI and Data Centers, and Maintaining U.S. Energy Leadership ARLINGTON, Texas/PRNewswire/ — U.S. Energy Development Corporation (USEDC), an exploration and production company focused on the development of energy projects throughout North America, provides its outlook ...
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