Earlier this year, when the current administration instituted a ban on imported Russian oil, a fierce debate resurfaced with respect to America’s domestic energy policies. As traditional oil and gas players advocate for increasing exploration and production to ensure the peace of mind and benefits that come with stronger reliance…
Matthew Iak is the executive vice president of U.S. Energy Development Corporation (USEDC) and a member of the company’s Board of Directors. Iak is also the president and CEO of Westmoreland Capital. He has extensive knowledge of private placement, Regulation D, and estate and tax planning strategies. He has pioneered the way for multiple new investment structures in the oil and gas space. Since 2005, Iak has overseen a capital raise of approximately $2.0 billion. He can be reached at miak@usedc.com.
- Matthew Iakhttps://energiesmedia.com/author/matthew-iak/
- Matthew Iakhttps://energiesmedia.com/author/matthew-iak/
- Matthew Iakhttps://energiesmedia.com/author/matthew-iak/
- Matthew Iakhttps://energiesmedia.com/author/matthew-iak/
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.