King Operating Corporation

King Operating Corporation

Oil and Gas

Addison, Texas 3,063 followers

Experience the upside of oil and gas investing.

About us

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!

Industry
Oil and Gas
Company size
11-50 employees
Headquarters
Addison, Texas
Type
Privately Held
Founded
1996

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Funding

King Operating Corporation 2 total rounds

Last Round

Private equity

US$ 1.1M

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