Mission, Vision & Core Values Home » Mission, Vision & Core Values Our Vision Our corporate motto, “Strive for Excellence” is more than just words. At U.S. Energy Development Corporation it is a way of life. Over the past 40 years U.S. Energy has pioneered a unique project development approach that focuses on the development of energy projects throughout onshore North America but only invests in the projects that our collective experience tells us will have a high potential for success for our partners in the long run. U.S. Energy has a reputation for integrity, objectivity and professional excellence. We look forward with tremendous optimism that direct energy investments will continue to be an attractive option for investors looking for asset diversification, income potential and tax advantages. 1980 Our Founding U.S. Energy Development Corporation was formed as a successor to Oilmark & Company, Inc. which was founded in 1978. Both companies were successful operators of oil & gas wells located throughout the Appalachian Basin in Western NY and Northwestern PA. 1990s Expansion The company begins to drill wells outside of the Appalachian Basin and expands into new areas including Texas, Louisiana, and the province of Ontario, Canada. During this time, U.S. Energy is also growing through the acquisition of existing wells utilizing a disciplined investment strategy focused on risk mitigation, economic performance, and tax advantages. 2000s Positioning for the Future Increases in world-wide oil and gas prices result in more demand for capital for the oil & gas industry. During this time, U.S. Energy expands its operations by adding additional joint venture partners, increasing its acreage positions, and bolstering its field and corporate staff. The company positions itself for the future energy needs of America. 2010s The Shale Revolution Technological advances in horizontal drilling and hydraulic fracturing, creates additional opportunities for oil & gas development throughout the United States. U.S. Energy continues a rapid expansion in shale formations in Texas, Oklahoma, North Dakota and Pennsylvania. 2020 Today Today, you can find U.S. Energy actively involved in projects throughout the United States, with recent operations focused on the Permian Shale, Eagle Ford Shale, and Powder River Basin. U.S. Energy has achieved long-term growth through aggressive acquisition and development of oil and natural gas projects throughout North America. Since 1980, the company has invested in, operated, and/or drilled more than 2,400 wells in 13 states and Canada; deploying over $1.6 billion on behalf of our partners. Follow Us LinkedIn Our Partners Individual Investors Financial Professionals Institutional Investors Oil & Gas Professionals Latest News September 8, 2021 U.S. Energy Development Corporation Announces Strategic Acquisition of a $50 Million Asset in the Delaware Basin September 3, 2021 (Missed) Opportunity Zones – Why Investors Should Take Note Copyright © 2021 U.S. Energy Development Corporation, All Rights Reserved | Alpine Design Privacy Policy Careers Logout