The Crude Truth
The Crude Truth
The Crude Truth
Inside NAPE 2026 Where Oil and Gas Deals REALLY Happen Brent Franklin
27 minutes Posted May 20, 2026 at 6:06 pm.
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Live from NAEP Expo 2026, Brent Franklin (CEO of Rise Capital) breaks down how deals, money, and opportunity collide in the oil & gas industry. From investing strategies to building relationships that change everything—this is where business gets done.

Connect with Brent Franklin on his LinkedIn here: https://www.linkedin.com/in/brent-franklin-606294193/

If you're serious about energy, investing, or scaling your network… YOU need to hear this.

Main Topics

1. NAEP Expo 2026 Overview

The episode is recorded live at the NAEP (North American Energy Professionals) Expo 2026, highlighting it as a major networking event where "deals happen." The host emphasizes the event's growth and recovery post-COVID, with increased business activity and deal-making opportunities.

2. Rise Capital and Investment Opportunities

Brent Franklin, President and CEO of Rise Capital, discusses his company's core business model:

Private capital management connecting investors with opportunities in oil & gas, real estate, and alternatives

A Reg D offering platform where investors can review and select specific projects

An online portal allowing diversified investment without requiring day-to-day management

3. Oil & Gas Investment Structures

The conversation delves into different investment approaches:

Working Interest: Direct ownership with unlimited liability but significant tax benefits

PDP (Proved Developed Producing) assets: Lower-risk investments in already-producing wells

Tax deductions: IDC (Intangible Drilling Costs) and TDC (Tangible Drilling Costs) explained as key benefits under IRS code Section 469

4. Tax Benefits in Oil & Gas vs. Real Estate

A key distinction is made: oil & gas investments offer active tax deductions without requiring material participation (unlike real estate's 500-700 hour requirement), making them more attractive for passive investors seeking tax elimination rather than deferment.

5. Rise Energy Group - Vertical Integration Strategy

Brent explains his parent company's approach to consolidating smaller service businesses:

Rolling up mom-and-pop service companies (drilling, well service, water transfer, wireline)

Providing liquidity to companies with bad debt and high overhead

Creating a debt-free, vertically integrated operation to reduce costs and improve efficiency

6. Market Challenges & Economics

Discussion of current oil & gas market conditions:

Low commodity prices ($60 oil, $3 gas) making projects less economical

Rig count decline (from thousands 20 years ago to ~300 today)

Break-even economics at $60/barrel, making cost reduction critical

Focus on shale production over exploration due to higher success rates

7. Investment Philosophy & Risk Mitigation

Key principles emphasized:

Diversification across multiple projects and asset classes

Importance of operator quality and experience

Mitigating risk rather than avoiding loss

Importance of "skin in the game" for all parties involved

Production and cash flow prioritized over tax deductions alone

8. Networking & Relationship Building

The value of attending industry events like NAEP for:

Meeting high-net-worth individuals and decision-makers

Finding partnership opportunities

Building relationships that lead to business deals

Surrounding yourself with quality people in the industry

This episode essentially serves as a deep dive into modern oil & gas investment strategies, emphasizing the importance of professional guidance, proper tax structuring, and strategic partnerships in the energy sector.

Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/

Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/

Also, Pecos Operating Website: https://pecosoperating.com/

Also, the great Production team at Real News Public Relations

https://www.realnewspr.com/

Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/

Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/

Also, Pecos Operating Website: https://pecosoperating.com/

Also, the great Production team at Real News Public Relations

https://www.realnewspr.com/