West Texas Energy Conference Accelerates TAYO's Acquisitions Strategy
Last week, Taylor Consulting, Inc. (OTCBB:TAYO) received an intimate
economic portrait of one of the country's fastest-growing regions as the
company works to build a strong portfolio of promising real estate
June 3-4, TAYO's executive leadership attended the West Texas Energy
Consortium Annual Conference in Abilene, Texas. Featuring guest speakers
from the local community and the oil and gas industry that fuels it, the
event included legislative updates from the state capitol, insight from
industry leaders in the area, and the results of a comprehensive
economic impact study of the region.
TAYO CEO Scott Wheeler says the conference has given his company a
valuable overview of West Texas' needs and opportunities as a shale oil
and gas boom swells the region's population and economy.
"We already knew that extraordinary growth is taking place in West
Texas," Wheeler said. "This conference was another big step in acquiring
the information and contacts our company needs to make smart investment
decisions in the region."
TAYO is currently conducting due diligence on four properties located on
or near West Texas' massive Cline Shale formation. Covering an area of
over one million acres, the Cline Shale could be the largest North
American oil play of all time, with some experts predicting it could
produce as many as 30 billion barrels of oil.
In addition to its traditional sports consulting business, TAYO recently
created a new division—Third Avenue Development, LLC—to invest in
promising real estate assets to compete alongside American Homes 4 Rent
(NYSE:AMH), Silver Bay Realty Trust Corp. (NYSE:SBY), Equity
Residential (NYSE:EQR), Essex Property Trust Inc. (NYSE:ESS) and more.
For more information on Third Avenue Development, please visit www.ThirdAvenueDevelopment.com.
About Third Avenue Development, LLC
A division of Taylor Consulting, Inc. ( TAYO ), Third Avenue Development,
LLC, is building an emerging portfolio of real estate assets for
rehabilitation and rent or resale. The company is focused on acquiring
properties in the country's top-performing housing markets in order to
capitalize on the continued recovery and growth of the U.S. real estate
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: This news release contains forward-looking information within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including statements that include the words "believes," "expects,"
"anticipate" or similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of the Company
to differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone's past
success, either financial or strategic, is no guarantee of success. This
news release speaks as of the date first set forth above and the Company
assumes no responsibility to update the information included herein for
events occurring after the date hereof.
Source: Taylor Consulting, Inc.