World Finance Oil & Gas Awards Names U.S. Energy Development Corporation Best Oil & Gas Investment Company in North America
U.S. Energy receives national honor for outstanding investment performance
ARLINGTON, TEXAS – March 8, 2021 – U.S. Energy Development Corporation (U.S. Energy), an exploration & production (E&P) firm which provides direct investments in energy, is proud to announce the firm has won the Best Oil & Gas Investment Company in North America in World Finance Oil & Gas Awards 2020.
Since 2007, World Finance has celebrated achievement, innovation and brilliance in its annual awards. The judging panel has more than 230 years of combined financial and business journalism experience. The publication also employs a dedicated research team that works in concert with the judging panel to ensure each award winner is the most deserving in their sector.
“Congratulations to U.S. Energy for winning the Best Investment Company category in North America,” said Terrence Johnson, senior oil & gas awards coordinator at World Finance. “This year’s awards highlight the companies and organizations that are best equipped to thrive in the marketplace today, while meeting the highest international standards. We believe this year’s winners are best positioned for long-term success.”
The award comes on the heels of a very challenging year for the oil & gas industry. Crude oil experienced an unprecedented fall in price to negative $37 per barrel in 2020. While the onset of COVID-19 added another level of complexity. This year’s award winners showcase companies that are well aware of the challenges that exist and are positioned for future opportunities.
“This is a significant accomplishment for U.S. Energy to be recognized, especially with the business challenges we successfully navigated in 2020. From the onset of the pandemic to the historic lows for oil, the firm had to be exceptionally strategic to deliver value and returns to our investors,” said Jordan Jayson, chairman and CEO, U.S. Energy. “Being honored as the Best Oil & Gas Investment Company in North America by World Finance is something we are very proud to share with our team, clients and partners.”
Notable attributes which contributed to U.S. Energy being selected as the winner for this year’s award include corporate governance, strategy, environmental awareness, innovation, shareholder value, transparency and value creation.
U.S. Energy is a leader in direct energy investment design and structure providing multiple direct investment funds annually, which solve specific income and tax planning needs. The firm is credited as an innovator of several new direct investment structures, most recently pioneering an Opportunity Zone Fund in energy.
World Finance is a quarterly print and online magazine providing comprehensive coverage and analysis of the financial industry, international business and the global economy. The magazine targets financial professionals, including corporate and private investors. To learn more about the winners of the World Finance Oil and Gas Awards 2020, please visit www.worldfinance.com/awards/oil-gas-awards.
About World News Media
World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world. For more information visit www.wnmedia.com.
About U.S. Energy Development Corporation
Established in 1980, U.S. Energy Development Corporation is a privately held oil and gas operator which provides direct investments in energy. The firm was named the Best Investment Company in North America by World Finance in its 2020 Oil & Gas Awards. Over the past 40 years, the firm has invested in, operated and/or drilled more than 2,400 wells in 13 states and Canada. The firm has deployed more than $1.5 billion on behalf of its partners. Today, U.S. Energy is one of the largest sponsors of direct energy investments.
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