Double Eagle Development, LLC (and its affiliate companies) is a fast-growing and very active participant in the oil and gas industry. Double Eagle consists of an exploration and production arm that operates and develops producing oil and gas properties, and an investment arm that pursues acquisition of strategic leaseholds and mineral rights.
Double Eagle's exploration and production arm centers on substantial operated and non-operated working interest holdings in South Texas, the Wolfberry trend in the Permian Basin, the Marble Falls play in the Fort Worth Basin, New Mexico and Oklahoma.
The Company's investment arm is an extremely active oil and gas leasing, lease bank, and mineral-buying program that operates nationwide. Double Eagle typically acquires or leases more than 100,000 mineral acres per year.
The Company's co-founders and principal owners are Cody Campbell and John Sellers. John and Cody began their business careers by co-founding a commercial real estate development firm while students at Texas Tech. John majored in Economics, and Cody majored in Finance and Economics, receiving a Master of Science degree in Finance. Aside from their oil and gas activities, the pair has had a principal role in hundreds of millions of dollars of commercial real estate development projects.