U.S. Energy Development Corporation is a fully integrated, independent Oil and Natural Gas Driller and Producer. The company's investment focus is on risk mitigation, economic performance and tax advantages. U.S. Energy has significant operations throughout 8 states and Canada. The company is ranked among the Top 50 Independent Oil & Gas Drillers in the United States and is one of the largest drillers in both New York and Pennsylvania. The company has acted as operator with respect to the drilling of more than 2,500 wells from 1980 to present, and has a current lease inventory of more than 300,000 acres. U.S. Energy is an active Joint Venture partner and has worked with many of the nation's largest oil & gas drilling companies. U.S. Energy was recently ranked #140 in the USA by Inc. 500