Newsroom Archives | U.S. Energy

April 15, 2025

U.S. Energy Development Corporation Expands Permian Footprint Acquiring $390 Million Asset and Announces Upsized Credit Facility

~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 […]

February 13, 2025

U.S. Energy Development Corporation Completes Corporate Refinancing with $165 Million Syndicated Revolving Credit Facility led by Citibank, N.A.

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 […]

February 3, 2025

U.S. Energy Development Corporation to Deploy Up to $1 Billion in the Permian Basin During 2025

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. […]

December 5, 2024

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, 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 […]

June 25, 2024

U.S. Energy Continues to Expand Its Footprint in the Permian Basin

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 […]

February 5, 2024

U.S. Energy Development Corporation Announces Strategic 2023 Acquisitions and 2024 Growth Plans

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 […]

September 12, 2023

Revisiting Qualified Opportunity Zones

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 […]

May 1, 2023

Progress and development in the Permian basin

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 […]

April 26, 2023

U.S. Energy Development Corporation Acquires Working Interest in Core Midland Basin Project for $225 Million

Development Project further expands firm’s Permian Basin presence ARLINGTON, TX (April 26, 2023) – 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, recently acquired a 25% working interest in the Mascot Project, a stacked pay asset in core Midland Basin for […]

Newsroom

U.S. Energy Development Corporation Expands Permian Footprint Acquiring $390 Million Asset and Announces Upsized Credit Facility

U.S. Energy Development Corporation Completes Corporate Refinancing with $165 Million Syndicated Revolving Credit Facility led by Citibank, N.A.

U.S. Energy Development Corporation to Deploy Up to $1 Billion in the Permian Basin During 2025

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

U.S. Energy Continues to Expand Its Footprint in the Permian Basin

U.S. Energy Development Corporation Announces Strategic 2023 Acquisitions and 2024 Growth Plans

Revisiting Qualified Opportunity Zones

Progress and development in the Permian basin

U.S. Energy Development Corporation Acquires Working Interest in Core Midland Basin Project for $225 Million

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