Raising $28mm Series A: $200,000 Minimum for Accredited Investors

HEBERDEV

We believe in cross-disciplinary collaboration and the power of fresh perspectives. Our culture values evidence over ego, transparency over assumption, and results driven by data and purpose. “Show me your work” is more than a saying; it’s how we operate, ensuring every decision is informed, intentional, and aligned with our mission.


After acquiring, optimizing, and upgrading our acreage positions, we prioritize operational efficiency through strategic, high-impact infrastructure investments that drive sustainable cost reduction. Whether it’s developing water recycling facilities, partnering on an in-basin sand mine, or creating proprietary software solutions, we invest where innovation enhances efficiency and strengthens our competitive edge. Our focus is simple: deploy capital intelligently to build durable cost advantages and long-term value for our investors.

 

As a guiding principle, we treat our investors, service providers, consultants and employees as teammates. We win together when we grow the pie, and we can move mountains with alignment and incentives. 

TEAM

Kevin Darcy

Keith Schetne

Keith Schetne

CEO & Founder


Focused on Building, A&D, Land, Marketing, Business Development & Infrastructure.

EMAIL

Keith Schetne

Keith Schetne

Keith Schetne

President & Founder


Driving Corporate Engineering, Underwrite, Development Planning, A&D & Finance.

EMAIL

Roger Dickens

Keith Schetne

Roger Dickens

EVP of Accounting


Responsible for Operational Accounting, Governance, Reporting & Process Innovation.

EMAIL

PLATFORM

Heberdev, LLC

Founded in 2024 to unlock value in overlooked oil and gas assets in the Rockies. We target proven but under-optimized acreage, using advanced technology and deep research to expand unconventional plays. Our team, with over a decade of shared experience across multiple ventures, drills high-confidence, long-lateral horizontal wells with aggressive completion designs. We move stealthily, aim to exceed expectations, and deliver results through disciplined operations and strategic partnerships.


Heberdev I Vehicle

Formed in 2025, Heberdev I, LP* and Heberdev I GP, LLC pursue an operated Rockies strategy. We’re raising $28M in Series A and $100M in Series B over the coming months. We will raise, deploy and Close series A while building our operated land position, then raise, close and deploy Series B to fund development. Series A investors will receive a 15% premium as a risk reward for participating in the earlier land accumulation activities. 


* Heberdev I, LP (CIK 0002092824) Disclaimer: Offerings are for accredited investors per SEC Rule 506(c). Please review the Private Placement Memorandum. 

VALUES

Accountability

Accountability

Accountability

 Own outcomes, learn from failures, improve continuously. Ownership is everything. 

Collaboration

Accountability

Accountability

Very little greatness comes out of a silo. Work as a team to iterate and optimize.

Creativity

Accountability

Creativity

Test innovative solutions to unlock value in overlooked areas. Tell us your crazy idea.

Diligence

Innovation

Creativity

Read, think, work the problem, test iteratively: its ok to push boundaries when you prepare.

Humility

Innovation

Innovation

Prioritize progress over ego. Mistakes happen when you are pacesetting. Learn, adapt, iterate.

Innovation

Innovation

Innovation

Simplify when possible, think outside the box when needed, and focus on high-impact.

Integrity

Transparency

Resilience

Trust is foundational. Build trust through honesty and commitment to doing what’s right.

Resilience

Transparency

Resilience

 Built over time. Strengthen durability across teams, assets, and processes. 

Transparency

Transparency

Transparency

 Clear, honest and accurate information guides us. There is arbitrage in honesty. 

INVESTORS

Our mission is full transparency and alignment with our investors.


Your capital is our highest priority, and we operate with an open-door policy that ensures consistent communication and performance visibility throughout the life of your investment.


We execute with discipline - operating within budget, strategically utilizing debt, and hedging barrels to manage risk and protect returns. We are committed to avoiding dilution and unexpected cash calls. Our philosophy is simple: raise the equity, live within our means, and maximize value with the resources available. 


When commodity prices create opportunity, we are positioned to accelerate development through additional rigs, capturing upside while safeguarding cash flows through disciplined hedging.


Our investor base includes seasoned entrepreneurs, business leaders, and investors whose insight and partnership strengthen our execution. Looking ahead, we plan to offer follow-on investment vehicles to allow our partners to continue participating in future ventures.


ETHOS

THE HONEY BADGER

  1. Tenacity and Resilience: they are relentless, never giving up even when faced with challenges like larger predators or tough environments. They keep going until they achieve their goal.  
  2. Fearlessness: they are known for their boldness, taking on opponents much larger than themselves, like lions or hyenas, without hesitation.  
  3. Resourcefulness: they are highly adaptable, thriving in diverse environments by finding food and shelter through creative problem-solving.  
  4. Independence: they are solitary animals, often operating alone with confidence in their abilities.  
  5. Determination and focus: they sets its sights on a goal (like digging for prey), it pursues it with unwavering focus, undeterred by distractions.  
  6. Protective Instincts : they fiercely defend their territory and young, ensuring their survival against threats.  
  7. Adaptability: they thrive in varied climates and diets, adjusting to whatever their environment offers.  
  8. Courage Under Pressure: they remain calm and effective even in high-stress situations, like escaping traps or fighting off predators.  
  9. Tough: They have exceptionally loose, thick, and rubbery skin that protects them from predators’ teeth and claws and even allows them to maneuver their bodies while caught in their jaws to escape.
  10. Aggression: while it is not an animal that initiates conflict for the sake of violence, the honey badger will aggressively defend itself and its territory when threatened. 


Despite its tough reputation, the honey badger also displays moments of humor and playfulness. Whether interacting with its environment or engaging with other animals, the honey badger can sometimes display a quirky, fun-loving side. This playfulness, while less emphasized than other traits, adds a layer of complexity to the honey badger’s personality, reminding us that even the toughest creatures can enjoy life’s lighter moments.

CONTACT

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Heberdev LLC / Heberdev I GP LLC / Heberdev I LP

Office: (435) 503-2141

COMMUNITY PARTNERS

Heber Valley Chamber of Commerce link for Heberdev, LLC


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