MDS Energy Development

About MDS Energy Development

Founded in 2005, MDS Energy Development is a Western Pennsylvania-based producer of oil and natural gas. Initially focused on drilling shallow vertical wells in the Pittsburgh area, the company has successfully transitioned to targeting deep shale formations. This strategic shift necessitated a significant increase in capital, leading MDS to raise outside capital from private, accredited investors.

MDS Energy Development serves private investors interested in the energy sector, particularly those looking for tax-advantaged investment opportunities. The company operates within the oil and natural gas market, focusing on deep shale formations. Its business model revolves around forming tax-advantaged drilling partnerships, which have raised over $700 million in outside investor capital to date.

MDS makes money by sponsoring these drilling partnerships and leveraging significant tax deductions provided by the IRS for companies investing in natural gas wells. The company offers investment opportunities through confidential private placement memorandums, ensuring that potential investors are well-informed about the risks and benefits.

The company is led by Michael Snyder, who oversees day-to-day operations and has extensive experience in the oil and gas industry. MDS Energy Development emphasizes transparency and investor education, providing critical tax documents, monthly statements, and updates through a secure investor portal.