U.S. Energy Development Corporation, or USEDC, a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, announced the promotion of Nick White to director of business development and sales training manager. White, who joined the firm in 2012, brings more than a decade of experience supporting financial professionals […]
~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDC’s syndicated revolving credit facility led by Citibank, N.A. from $165 million to $300 million Fort Worth, TX – U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net […]
The new syndicated facility provides USEDC with an additional source of capital to support its continued growth. U.S. Energy Development Corporation (“USEDC”), an exploration and production company focused on the development of energy projects for itself and its partners, today announced successful closing of a new $165 million syndicated revolving credit facility led by Citibank, N.A. The new […]
USEDC 2024 deployment nears $800 million U.S. Energy Development Corporation (“USEDC”), an exploration and production company focused on the development of energy projects for itself and its partners, today announced plans to deploy up to $1 billion during 2025, primarily in the Permian Basin. The company’s announcement follows a record-breaking year during which USEDC deployed nearly $800 million into operated and non-operated projects. […]
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, Dec. 4, 2024 /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 on the oil […]
FORT WORTH, Texas, June 25, 2024 U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America, is strategically expanding its operations in the prolific Permian Basin. Building on a series of recent successes, the company is poised for significant growth and development in one of the most productive oil […]
FORT WORTH, TX – U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America, today announced the results of its 2023 asset acquisition efforts and its plans for strategic growth in 2024. “In the last six months alone, we closed well over 10 acquisitions with […]
Matthew Iak / U.S. Energy Development Corporation Back in 2021, we had the pleasure of authoring a contributed article for OILMAN Magazine about the value of investing in qualified opportunity zones, (Missed) Opportunity Zones – Why Investors Should Take Note. The submission provided readers with a comprehensive explanation of qualified opportunity zone investing, including both the advantages they […]
An independent operator and oil and gas investment broker provides perspective on strategies and future potential of the Permian basin, including short- and long-term forecasts for E&P opportunities in West Texas. Jordan Jayson / U.S. Energy Development Corporation The West Texas Permian region has one of the world’s deepest sedimentary basins and contains a multitude […]
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.
(800) 636-7606
info@usedc.com
591 Delaware Avenue, Buffalo, NY 14202
1521 N. Cooper Street Suite 400
Arlington, TX 76011
