Energy Symposium Series Continues with MDS Energy Development, LLC
PITTSBURGH, Pennsylvania, June 19, 2023 – In May, we announced our client and partner exclusive Energy Symposium Series with virtual and onsite events (see announcement HERE). Today, we are thrilled to announce the release of our second virtual event of the Energy Symposium Series – an intriguing discussion on natural gas production with MDS Energy Development, LLC.
The transition to clean, sustainable energy affects every aspect of our economy. As the world moves away from coal, natural gas is poised to lead this lengthy transition toward renewables with its universal applications and low environmental impact. The surge in 2022’s energy costs, triggered by the aftermath of the Covid-19 pandemic and the instability caused by Russia’s assault on Ukraine, has underscored global demand for natural gas produced and exported from the United States.
On Friday, June 16th, AIS discussed the role of natural gas in the energy transition, infrastructure development, and global outlook. We were joined by Zach Avi, EVP of Investments at MDS Energy Development, for this informative session.
Founded in 2005, MDS Energy Development, LLC is a producer of natural gas based in western Pennsylvania. After several years of drilling shallow vertical wells in the Pittsburgh area, MDS successfully transitioned to target deep shale formations. With this transition, their capital needs increased significantly and they began to raise outside capital from private, accredited investors. Since, the company has successfully sponsored 17 tax-advantaged natural gas drilling partnerships, which have raised over $700 million dollars of outside investor capital.
To learn more about MDS Energy Development, visit www.mdsed.com
To become a client or partner of AIS and have access to the Energy Symposium Series and more, contact us about onboarding.