All posts by: Mark Lillis

U.S. Energy Development Corporation to Invest $21.8 Million in Core of Permian Basin

ARLINGTON, TEXAS – U.S. Energy Development Corporation (U.S. Energy), an exploration & production (E&P) firm which provides direct investments in energy, announced today it has entered into a joint venture with Midland-based Atlantic Energy Partners, LLC (Atlantic) to develop and operate three horizontal wells within the Permian Basin in Ward County, Texas. This strengthens U.S. Energy’s […]

U.S. Energy Volunteers at Opal Farms

U.S. Energy’s Cissy Shea and Cathy Aniello recently spent the afternoon volunteering at Opal’s Farm in Fort Worth, TX. Opal’s Farm aims to provide a solution for Tarrant County’s food desert by helping to provide farm-fresh and nutrition food to the local community. Thank you Cissy and Cathy for going your part to help out […]

Give it a Heartfelt Shot

This spring our team at U.S. Energy held our first annual Clay Shoot fundraiser at Defender Outdoors – Clay Sports Ranch to raise funds for The American Heart Association and The Lighthouse for the Blind. With the help of our valued partners and their teams (30 participants) we were able to raise a total of […]

Biden: Read My Lips…. New Taxes!

President Biden’s plan to fund education, childcare, COVID relief, health care reform, modernizing infrastructure, and creating jobs comes with a price tag that will no doubt saddle the wealthy for years to come. With the left in control of both the House and the Senate, these are likely to be passed, especially when considering Speaker […]

Applying Opportunity Zones to Oil and Gas Investments

How can the Opportunity Zone incentive be applied to energy investments in the oil and gas sector? Matthew Iak is executive vice president of U.S. Energy Development Corporation and has overseen the capital raise of $1.5 billion since 2005. Episode Highlights The appeal of the Opportunity Zone tax incentive in the energy industry, and why […]

    Since 1980, U.S. Energy has invested in, operated, and/or drilled more than 2,400 wells in 13 states and Canada; deploying over $1.5 billion on behalf of our partners.

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