#United States #Houston #Houston Office #U.S. Energy Development #Howard House

U.S. Energy Development Corporation Expands into Houston

The U.S. Energy Development Corporation (USEDC), a leader in exploration and production based in Fort Worth, is taking significant steps to broaden its market reach by inaugurating a new office in Houston. This strategic move comes with the appointment of Howard House as Senior Vice President and Chief Strategic Officer. House, who brings over 35 years of experience in the energy investment banking sector, will take the helm in executing pivotal initiatives during an exciting phase of expansion for the company.

Embracing Opportunities in Houston

The decision to establish an office in Houston, the global epicenter of the energy industry, signifies USEDC's commitment to enhancing its operations and collaborations within Texas and beyond. This location strategically positions the firm to nurture relationships with existing industry partners and engage with potential new clients, amplifying its growth potential.

CEO and Chairman Jordan Jayson expressed confidence in House's appointment, emphasizing his deep knowledge of the industry and extensive network. "Howard brings an exceptional depth of experience and strategic insight to U.S. Energy. As we anticipate deploying $1 billion in capital over the next 12-18 months, his expertise in mergers and acquisitions will be central to our growth strategy," Jayson stated.

Howard House: A Veteran in Energy Investment

House's background is remarkable, having completed over $125 billion in transactions across various segments of the energy market. His extensive experience includes strategic advisory roles in mergers, acquisitions, and capital market transactions, with a focus on delivering high-impact outcomes. "I am thrilled to join U.S. Energy as we solidify our presence in Houston," House remarked. His vision on enhancing the company's industry relationships and evaluating strategic opportunities is anticipated to steer USEDC towards sustainable growth.

A Future-Focused Strategy

The firm aims to leverage its new Houston office to enhance deal flow and navigate the evolving energy landscape effectively. House will not only manage operations in Houston but also be a key member of USEDC's investment committee, where he will apply his wealth of experience to guide the firm’s investment strategies.

Building on a Legacy of Growth

USEDC has a historical reputation of innovation in both operational and financial realms, having drilled and operated approximately 4,000 wells across 13 states and Canada. The company continues to invest significantly in energy projects, having deployed over $3 billion on behalf of its partners. This expansion is a natural progression for USEDC, which has evolved from focusing on the Appalachian region to becoming an active player in numerous resource-rich basins.

In closing, USEDC’s commitment to its strategic growth is underpinned by a robust understanding of market dynamics and an unwavering focus on relationship-building across the industry. Through the expertise of Howard House and the strategic location of its new Houston office, USEDC is poised for an impactful future in the energy sector.

For more information on U.S. Energy Development Corporation, visit usedc.com or follow them on LinkedIn.