The idea behind our business model was to facilitate less competition and greater community among the field of local oil and gas companies, while providing its members an investment opportunity.
Wichita Falls, TX (PRWEB) November 26, 2014
Matt Muehlberger, Vice President of Land Acquisition for Creed Operating Co., LLC, is announcing the launch of startup company, Rifefork Exploration, a new exploration and production (E&P) company.
Muehlberger’s understanding and analysis of the oil and gas industry led him to launch Rifefork Exploration. With years of experience in E&P management, Muehlberger began to learn about the industry from an early age, which enabled him to conceptualize Rifefork Exploration, a new company with a business model centered on incentivizing smaller independent operators to share information and spread capital across company lines in order to collectively reduce risk in their energy investment portfolios.
“The idea behind our business model was to facilitate less competition and greater community among the field of local oil and gas companies, while providing its members an investment opportunity. In doing so, we hope to play a part in strengthening cooperation within the industry,” stated Matt Muehlberger.
Muehlberger’s business model is designed to incentivize partners within the company to present E&P deals to the other members for consideration of collective investment. Muehlberger crafted the business model for Rifefork Exploration in an attempt to provide a forum that would allow members access to a larger volume of E&P projects, while simultaneously providing a streamlined outlet for companies to capitalize internal investment and bring on qualified investors within the industry.
Rifefork Exploration is comprised of partners with varied oil and gas related backgrounds, including geologists, landmen, attorneys, and engineers. Each partner contributes their unique skill set to the company, which allow the group to quickly and effectively analyze investment opportunities.
Matt Muehlberger, founder of Rifefork Exploration, is a highly experienced oil and gas industry expert. Muehlberger graduated from Cox School of Business at Southern Methodist University in Dallas, Texas. He has served as Vice President of Creed Operating Co., LLC since its creation in 2008. He is a Certified Professional Landman and a member of the AAPL (American Association of Professional Landmen).
For more information about Rifefork Exploration, or to schedule an interview with Matt Muehlberger, please email mgm(at)creedoperating(dot)com