Executive & Senior Management

Executive & Senior Management Teams

Through the experience and leadership of the Executive & Senior Management Teams, U.S. Energy remains firmly committed to growth and our mission to provide world-class direct energy investments.  View Board of Directors

Executive Management

Chief Executive Officer - Chairman of the Board

Mr. Jayson serves as Chairman of the Board of Directors, Chief Executive Officer and member of the investment committee for U.S. Energy Development Corporation where he is responsible for designing the corporate strategy and implementation of change management. Mr. Jayson previously served as Executive Vice President with a focus on developing operations in core areas and identifying new business opportunities.

Mr. Jayson earned a Bachelor’s Degree from Johns Hopkins University and a Master’s Degree in Business Administration from Texas Christian University’s Neeley School of Business. He has also earned the designation of Aresty Scholar from the Wharton School of Executive Education. Following graduation, Jordan worked in portfolio management and trading in both New York and London. This included roles at Arnhold S. Bleichroeder and S.A.C. Capital. He is an active member of the Young President’s Organization (YPO), TIGER 21, PathNorth, The National Association of Corporate Directors, The Independent Petroleum Association of America and The Fort Worth Wildcatters. Mr. Jayson is a proud Lifetime Member of Trout Unlimited and Ducks Unlimited. He also serves on the Board of Directors for The Lighthouse for the Blind of Fort Worth and The Independent Oil and Gas Association of New York.

Executive Vice President and Director

Matthew Iak is the Executive Vice President 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 $1.5 Billion in capital 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 and serves as the President for a series of family real estate and real estate management companies. He is also the CEO and President of U.S. Energy’s Managing Broker Dealer, Westmoreland Capital Corporation.

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.

Chief Financial Officer

Mr. Standifird has served in various positions within the industry including Vice President of Finance and Controller.  He brings extensive experience and exposure to public and private E&P companies and has been a key player in analyzing, negotiating, financing, and closing acquisitions during his career.  Brandon has played a key role in the closing of multiple public and private debt deals including the closing of a syndicated $500MM credit facility as well as a $300MM public debt deal.  Brandon has experience in asset valuations, modeling, hedging, corporate budgeting, and accounting.  Brandon is a graduate of accounting from Brigham Young University and is a certified public accountant.

Vice President - Corporate Development

Mr. Witmer joined U.S. Energy in 2001 as a Staff Geologist, and has held various leadership positions within the geology department including Senior Geologist (2005-2014), Vice President of Geology (2014-2017) and Vice President of Geology & New Ventures (2017-2018).  Mr. Witmer is a Certified Petroleum Geologist (CPG #6366) through the American Association of Petroleum Geologists.  Mr. Witmer has significant experience in a number of basins including the Anadarko Basin, Appalachian Basin, Ardmore Basin, DJ Basin, Fort Worth Basin, Gulf Coast, Permian Basin, South Texas and the Williston Basin.  Mr. Witmer’s experience also includes Acquisitions & Divestitures.  Mr. Witmer received his Bachelor of Arts Degree in Geology, Bachelor of Science Degree in Environmental Studies and Master of Science Degree in Geology from the State University of New York at Buffalo, and is currently enrolled in the SMU Executive MBA Program (Class of 2019). Mr. Witmer is a member of AAPG, ADAM Energy Forum (Dallas), ADAM-OKC Energy Network, FWGS, IOGA of NY, PIOGA and BAPG.

Vice President - Operations

Mr. Duncan has over 30 years of technical experience, most recently serving as Chief Operating Officer for Crossing Rocks Energy Partners, LLC, and as Senior Vice President – Operations for Atlantic Exploration in Forth Worth, Texas.  Kevin and his team oversee all phases of U.S. Energy’s drilling, completions and production.  Kevin graduated from Texas A&M University with a Bachelor of Science degree in Petroleum Engineering and is a Registered Professional Engineer in the State of Texas.

Senior Management

Vice President - Land & Corporate Counsel

Mr. Brown has worked in the oil and gas industry for over 20 years, managing properties in multiple basins. He is a Certified Professional Landman and a member of the American Association of Professional Landmen. Mr. Brown earned his Bachelor of Science degree from the University of North Texas and his Juris Doctor degree from Oklahoma City University School of Law. His responsibilities include property management, due diligence and lease administration.

Vice President - Broker Dealer Relations

Mr. Haven joined U.S. Energy in 2011 after working for several Fortune 500 companies in sales and market management. He holds a FINRA Series 22 license. Mr. Haven received his Bachelor of Arts in Psychology from Canisius College.

Vice President - Technology

Mr. Boyd joined U.S. Energy in 2018 and brings over 12 years of oil and gas technology experience.  Prior to joining USEDC, Mr. Boyd served as IT Director at Petromax Operating Company for 10 years where he designed and managed the company’s information and technology security infrastructure, GIS mapping system, internal databases enabling efficient reporting of key performance indicators, and an array of custom software applications.  In 2016, Mr. Boyd joined WildHorse Resources as Senior Software Engineer where he designed a reporting system that enabled the company to efficiently track key metrics for several major acquisitions for an asset comprising over 400,000 net acres.