U.S. Energy Development Corp., a Fort Worth-based exploration and production company, has promoted Mark Lillis to director of investor relations. The company focuses on the development of energy projects throughout North America.
U.S. Energy said the promotion reinforces its core value of “investor first.”
“I couldn’t be more excited for both the firm and for Mark,” U.S. Energy EVP Matt Iak said in a statement. “The combination of Mark’s tenure with U.S. Energy and his analytical ability should be the linchpin our team has desired. I couldn’t be happier that Mark has accepted the challenge and taken the next leap in his career.”
Lillis has served as the senior marketing manager for three years. U.S. Energy said his promotion not only underscores his individual achievements but also reflects the company’s commitment to leveraging internal talent to meet evolving business needs. In his new role, Lillis will use his deep understanding of the company’s operations to enhance its communication and engagement with stakeholders.
The company highlighted that Lillis’ extensive experience as a financial analyst and accountant in the energy, banking, and public accounting sectors equips him with the skills necessary to excel in this position. His proficiency in budgeting, capital planning, and project management aligns with the role’s responsibilities, which include effectively communicating the company’s financial performance and strategic direction to stakeholders.
“I’m grateful for this opportunity and excited to continue supporting U.S. Energy’s growth in this new role,” Lillis said. “Our investors are crucial to our success, and I look forward to working closely with them to drive our strategic goals forward.”
Founded in 1980, U.S. Energy Development Corp. is a privately held exploration and production firm that manages assets on behalf of itself and its partners. For more than four decades, U.S. Energy has blended operational and financial innovation with a forward-looking approach. The company has invested in, operated, and/or drilled approximately 4,000 wells in 13 states and Canada, deploying more than $2 billion on behalf of itself and its partners.
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