Today's EPG Luncheon in Houston - Mar 28

[dan_s]

Matt Iak, EVP with U.S. Energy Development Corp. (USEDC) made an outstanding presentation. We will post the slides that he spoke from to the EPG website. Matt and I have been on several panel discussions together at conferences and webinars together. He is an expert on the oil & gas industry.

We will both be speaking at the Mick Law Energy Conference in Dallas May 19-21.

USEDC has an outstanding track record. They have deployed over $3 Billion of Investor Capital.

Results of their 2019, 2020, 2021 and 2022 Drilling Funds have been outstanding with After Tax returns through 12-31-2023 of 115.3%, 139.8%, 92.2% and 58.0%. Those four programs are still generating nice quarterly cash payments to the limited partners. Their 2023 Drilling Fund will be making its first quarterly cash distributions soon. A high percentage of their wells are now drilled and operated by large-cap public companies, including EOG, OXY, and Chevron.

If you are interested in direct investments in Drilling Funds, Minerals, Section 1031 exchanges or Qualified Opportunity Zone Funds (great tax benefits) contact Duncan Van Durme at dvandurme@usedc.com who is their rep in Texas.