TAYO: West Texas Oil Impact Surpasses $137 Billion

HOUSTON--()--As Taylor Consulting Inc. (OTCBB:TAYO) conducts due diligence toward new real estate acquisitions in West Texas, historic news was released this month regarding the true impact of the region’s oil and gas boom. According to a study released by Texas Tech University and the Permian Basin Petroleum Association, $137 billion in economic output was generated in the Permian in 2012, the most recent year examined.

“West Texas is one of the hottest economic zones in the world right now. We will continue to aggressively target new acquisitions in the region for as long as this unprecedented oil and gas boom lasts, and there is certainly no end yet in sight.”

The study also found that the Permian Basin boasts the largest rig count of any region in the world and sustains more than 546,000 jobs. The numbers are off the charts—and growing.

“This eye-popping data is only the latest evidence of what we already know,” said TAYO CEO Scott Wheeler. “West Texas is one of the hottest economic zones in the world right now. We will continue to aggressively target new acquisitions in the region for as long as this unprecedented oil and gas boom lasts, and there is certainly no end yet in sight.”

Through its real estate division, Third Avenue Development, TAYO is working to capitalize on Texas’ black gold rush by investing in real estate needed for housing, commerce and amenities by the state’s growing population. The company is performing due diligence on multiple properties as well as the acquisition of a brokerage in the region.

Through Third Avenue Development, the company is committed to accumulating the 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 in booming oil and gas regions. The company is focused on acquiring and developing properties in the country's top-performing markets in order to capitalize on rising demand for housing and related infrastructure services.

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.

Contacts

Taylor Consulting, Inc.
Scott Wheeler, 713-840-6099
President and CEO
info@tadcorp.com

Website

Release Summary

TAYO: West Texas Oil Impact Surpasses $137 Billion

Taylor Consulting Inc.