Jay Young’s company, King Operating, is a privately owned Texas oil and gas company based in Dallas, Texas.
Unlike other oil and gas companies, King Operating seeks to acquire assets that can be developed and divested. This requires that we enter a transaction with an eye toward the ultimate exit strategy from the outset. King Operating’s innovative transaction structure puts investors first. Before King takes its share of any profits, they ensure that their investors are returned all of their original investment dollars. They accept only a minimum of investor equity and then leverage the value of the asset to develop approximately a third of the drilling locations. From there work is done to optimize the value when divesting.
King Operating prides itself on prudent operations, capital efficiencies in field and well development, and the ability to fully execute on any selected project. Using state-of-the-art drilling and fracturing technologies, the company identifies specific rock formations that ideally have multiple target zones, favorable analogous production histories and ample running room to grow.
Their leadership team boasts over 100 years of combined oil and gas experience and maintains an operating staff of industry specialists, including geoscientists, engineers, field operations, finance, accounting, and land professionals. King personnel focus their energies to acquire, develop and divest oil and gas projects located throughout the country.Visit Website