An experienced professional in the oil and gas industry, Larry Koonce earned a bachelor of business administration from Texas Tech University. In 2006, Larry M. Koonce founded North American Drilling Corporation (NADC), where he presently serves as president and chief executive officer.
Headquartered in Plano, Texas, NADC is a full-process, independent oil and natural gas producer with several active wells throughout the state. Not only does NADC explore for new crude oil and natural gas drilling opportunities, but the corporation also reworks existing wells for new production.
NADC professionals carry out a number of functions, from using seismic technology to find potential drilling locations to managing the site’s day-to-day operations, to minimize risk and increase each site’s daily production rates. Licensed by the State of Texas Railroad Commission, NADC offers investors monthly revenue checks with detailed information, including permit copies, in-depth drilling reports, and monthly newsletters on its current areas of operation.