Jack McClendon

So these are reservoirs that were found anywhere from 70 to 100 years ago and have largely been exploited, but still have plenty of oil and gas kind of left to offer.

And so just a little bit of my background.

So I kind of grew up in the shale space.

My father obviously played a pretty instrumental role in bringing shale gas and shale oil kind of to mainstream America.

I'll remind you back in 2005, and it's kind of hard to believe now, that there was a lot of fears that America was actually running out of oil and gas production.

I mean, I think it was as early ago as 2004 to 2005, the country was only producing about 5 million barrels a day.

And, you know, importing anywhere between 19 to 20 million barrels a day.

And so there was real concern and, you know, really, really some fears of, you know, what happens if, you know, oil runs out.

And lo and behold, we have this shale revolution.

And one of my favorite

is never underestimate the ingenuity of the American oil man.

And I just think it's a testament to the tenacity and grit and intelligence of our industry, largely maligned by pretty big segments of the company that do not realize how

How much this has transformed our country.

You know, we've gone from producing, you know, anywhere from five million barrels a day.

Now we are now we're the largest oil and gas producer in the world.

We produce more oil than any company in any country in the world.

And so, you know, it's just it's kind of gone unnoticed.

And so, you know, I wanted to kind of get out and bring that up.

And that's fair.

And the majority of oil production in America right now is from shale.