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Preston Bass, CEO

Preston Bass is a founder, operator, and educator in the private oil and gas sector who helps accredited investors understand, and responsibly access, the tax advantages and long-term wealth-building potential that can come with direct participation in working-interest energy projects. With more than a decade of hands-on operational leadership and a third-generation family legacy in oil and gas, Preston brings a rare mix of real-world field execution, disciplined project development, and investor-first transparency to an industry where trust and competence are everything.

As the founder and leader of Bass Energy Exploration (Bass EXP), Preston oversees the full lifecycle of oil and gas project development, from early prospect evaluation and geology-driven project selection to drilling oversight, completion strategy, and ongoing operational reporting. His work is rooted in a disciplined approach that prioritizes low-risk, conventional opportunities in Oklahoma’s legacy fields, with a focus on stacked-pay formations and multiple opportunities per wellbore. By concentrating on proven basins and overlooked development potential, he structures projects to pursue meaningful upside while remaining grounded in fundamentals like cost control, efficient execution, and long-term field performance. To learn more about the firm’s approach and investor education resources, visit https://bassexp.com

Long-term Mindset

Preston’s credibility is built through direct responsibility, not theory. He has overseen drilling programs, managed investor capital across multiple Reg D offerings, and contributed to bringing more than 40 producing wells into the company’s portfolio. He is also known for a defining leadership trait that sets him apart in private energy development: he refuses to abandon a project prematurely when viable options remain. In an industry where some operators shut down a well at the first sign of underperformance, Preston takes a more disciplined, investor-aligned approach, evaluating every downhole path to profitability by exploring additional pay zones and applying operational problem-solving before making final calls. That perseverance has helped turn underperforming wells into economically viable producers and deliver stronger outcomes for investors who value long-term thinking over short-term reactions.

His leadership mindset was shaped well before his career in oil and gas took center stage. Preston completed three years at the United States Air Force Academy, where he developed foundational training in high-stress decision-making, discipline, and operational leadership. He later earned his business degree from the University of North Texas, combining structured leadership development with practical business strategy and clear communication, traits that remain central to how he operates today.

Unwavering Mission

Beyond field execution, Preston has earned a strong reputation as an educator for investors who want straight answers and simple explanations in an industry often clouded by jargon. He is the host of theONG Report (Oil & Natural Gas Report), an educational video series designed to make complex oil and gas investing concepts easier to understand. Whether he’s breaking down intangible drilling costs (IDCs), working-interest tax treatment, or depletion, Preston’s focus remains consistent: educate first, communicate clearly, and empower investors to make confident decisions in partnership with their CPA and advisory team. A growing library of his educational resources can be found at https://bassexp.com/learn.

Preston’s approach is grounded in integrity, transparency, and disciplined execution. While he is not formally aligned with major national associations, his credibility is built through long-standing field relationships with Oklahoma-based operators, geologists, petroleum engineers, contractors, wireline crews, completion teams, consultants, and landowners. These relationships, earned through consistent collaboration and boots-on-the-ground experience, enable Bass EXP to execute efficiently while maintaining the kind of operational oversight serious investors expect.

Investor communication is another cornerstone of Preston’s leadership style. During active drilling operations, he prioritizes frequent updates, often daily to weekly, using real footage and direct reporting so investors understand what’s happening on the ground. Once a project transitions into steady production, investors receive monthly owner reporting and clear visibility into operational performance. It’s part of a larger philosophy Preston lives by: treat investor capital with the same care, scrutiny, and respect as your own.

Preston’s mission is simple and unwavering: responsibly develop American oil and gas while restoring trust in private energy investments through integrity, discipline, and real operational results. He consistently reinforces that his educational content is designed to inform, not persuade, and encourages every investor to evaluate opportunities with qualified professionals, because every financial situation is unique. For additional information on the tax provisions commonly referenced in oil and gas participation, such as deductible business expenses and cost treatment, investors can also reference IRS guidance at https://www.irs.gov/publications/p535.

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