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Eric Rice Email
Chief Growth Officer . King Operating Corporation
Dallas, TX
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Current Roles
Employees:
51Revenue:
$11.2MAbout
King Operating Corporation is a privately held Texas oil and gas company based in Dallas, Texas. Led by Jay Young, a fourth-generation oil and gas professional, King has a leadership team with 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. Unlike other oil and gas companies, King seeks to acquire assets that can be developed and divested to public companies. This requires that we enter a transaction with an eye toward the ultimate exit strategy from the outset. King’s innovative transaction structure puts investors first. King ensures that the investors are returned all of their original investment dollars before we share in the profits. We accept only a minimum of investor equity and then leverage the value of the asset to develop approximately a third of the drilling locations. We work to optimize the value when we divest to a public company. The Company 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, King identifies specific rock formations that ideally have multiple target zones, favorable analogous production histories and ample running room to grow. We welcome the opportunity to tell you more about what we are doing at King!King Operating Corporation Address
6142 Campbell RdDallas, TX
United States