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U.S. Energy Development Corporation, an exploration and production company focused on the development of energy projects throughout North America, announced this week that Mike Williams had joined the company as vice president of engineering.
Williams brings more than two decades of oil and gas, reservoir engineering, and management experience to the U.S. Energy leadership team, according to a press release.
"Based on his track record and experience, we're confident Williams will be a tremendous asset to our team," said Jordan Jayson, chairman and CEO of U.S. Energy. "With Williams' experience and background, we are well-positioned to take our project development to the next level as we maintain our commitment to partners and the communities we serve."
Founded in 1980, U.S. Energy is a privately held exploration and production firm that manages assets for itself and its partners. U.S. Energy has invested in, operated and/or drilled approximately 4,000 wells in 13 states and Canada and deployed more than $2 billion on behalf of itself and its partners. Its recent operations have been focused on the Eagle Ford Shale, Powder River Basin, and the Permian Basin.
The company will soon relocate from its base of operations in Arlington to the Fort Worth Stockyards.
Williams' industry background includes managerial and director-level positions with the notable oil and gas producers MorningStar Partners, BlueStem Energy, Approach Resources, XTO Energy, and ExxonMobil.
Most recently, Williams served five years as vice president of reservoir engineering at Founders Oil & Gas where he led their efforts in the Permian Basin, the primary region of U.S. Energy's investment focus.
Williams holds a degree in chemical engineering from the University of Mississippi where he was awarded a prestigious NASA Space Grant for undergraduate research related to clean coal technology.