About HEI Resources

HEI Resources was founded in 1997 by Mr. Reed Cagle for the acquisition, exploration and development of domestic oil and gas reserves. Operations span from the gas rich counties of South Texas to the Black Warrior Basin of Mississippi and Alabama. Having drilled more than 80 oil and gas wells through private Joint Venture funding, HEI Resources continues a tradition of excellence, placing priority on creating value for its partners.

Mr. Reed Cagle is President & Chief Executive Officer of HEI Resources. His oil and gas career began more than 20 years ago, as he worked his way up through the management ranks of independent oil and gas companies.

Upon founding HEI Resources in 1997, he consolidated his experience into steady growth of the company through acreage acquisitions from Alabama to South Texas. He spends his free time involved in local charities and enjoying the outdoors with his family.

Tax Advantages

Drilling Expenses are 100% tax deductible. Production income is 15% tax free.


Partners retain 100% control over the Joint Venture including: stimulations, long-term pricing contracts, new drilling locations, pipeline construction, transportation, and acquisitions