About Us | LegacyCrest Capital

Our Story

Built on Experience, Driven by Conviction

LegacyCrest Capital was founded in 2016 by Jason L. Pickard after nearly a decade managing private equity investments in the oil and gas sector. Based in Plano, Texas, the firm was built on a simple premise: accredited investors deserve the same caliber of energy investment opportunities traditionally reserved for institutional players.

Our team brings hands-on experience across every facet of the energy value chain — from drilling operations and land management to midstream infrastructure and investor relations. This operational depth allows us to identify, evaluate, and structure opportunities that deliver both economic upside and tax efficiency.

We have deep roots in the Permian Basin — the most productive oil field in the United States. Our concentration in the Delaware Basin has given us strong geological knowledge, proven operator relationships, and a demonstrated ability to source off-market opportunities that larger firms overlook. Today, LegacyCrest is expanding its focus to include high-potential domestic natural gas plays, with an emphasis on opportunities where modern technology has been historically underapplied.

In 2017, recognizing a growing need for produced water infrastructure, Mr. Pickard formed Alpha SWD and Alpha Properties to acquire and develop salt water disposal assets. This expansion into midstream operations opened a second investment vertical for LegacyCrest — one that offers investors lower commodity price sensitivity and steady, fee-based revenue streams. The Permian Basin currently produces over 20 million barrels of produced water per day, projected to exceed 26 million by 2030 — as long as there is active production in the area, there is water that must be disposed of.

Today, LegacyCrest Capital manages both oil & gas drilling programs and salt water disposal facilities, and is actively evaluating its largest investment opportunity to date.

At a Glance

All historical return figures are net — actual cash received by investors after JIB operating costs, accounting fees, tax preparation, and all other deductions. No gross-up adjustments or forward projections are included in historical figures.

Our Approach

How We Invest

Our high-touch investment approach starts with understanding each investor's specific goals, constraints, and risk tolerance.

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Selective Acquisition

We evaluate dozens of opportunities for every one we pursue. Our focus on the Delaware Basin — the most prolific region of the Permian — means we only invest where the geology, economics, and operators meet our standards.

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Alignment of Interest

We evaluate every opportunity with the same rigor we would apply to our own capital. Where possible, we invest alongside our investors — creating true partnership, not just management fees.

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Transparency & Oversight

Investors receive comprehensive engineering analysis, regular production updates, financial reporting, and operational data transparency throughout the entire project lifecycle. Full visibility at every stage.

What Sets Us Apart

The LegacyCrest Difference

Our investment structures and operational approach are designed to maximize investor alignment, transparency, and long-term value creation.

Investor-Aligned Structures

Our oil & gas drilling programs are structured as Limited Partnerships (LPs) where unitholders hold direct working interest in professionally operated wells. Salt water disposal investments are structured as LLCs. In both cases, investors receive direct economic participation — not passive royalty positions or packaged drilling funds.

Aligned Interests

We believe in every opportunity we bring to investors. Where possible, we invest our own capital alongside our LPs and LLC members. Every deal passes the same rigorous due diligence we would apply to our own money — because our reputation depends on each project we represent.

Off-Market Deal Flow

Through years of midstream and operator relationships forged across the Permian Basin, our team has cultivated access to off-market investment opportunities that larger firms overlook. This proprietary deal flow gives our investors access to high-quality projects before they reach the broader market.

Institutional Oversight

Comprehensive engineering analysis, financial controls, and operational data transparency throughout the project lifecycle. Our investors receive regular updates and full visibility into every stage of operations.

Direct Participation

Investors participate directly in the economics of each project through working interest ownership in wells operated by top-tier operators — not diluted exposure through pooled funds or intermediary vehicles.

Long-Term Revenue Focus

Our strategy is aligned toward optimizing reserve recovery and maximizing total returns — not artificially inflating early production. We structure for sustainable value creation over the life of the asset.

Leadership

Our Team

Decades of combined experience in oil & gas investment, operations, engineering, land management, and investor relations.

Jason L. Pickard

President & Founder

Jason founded LegacyCrest Capital in 2016 after serving as a private equity manager at Choice Exploration, where he managed oil and gas investments across Texas, Louisiana, and Oklahoma. He holds a BBA in Finance from Texas State University. In 2017, he formed Alpha SWD and Alpha Properties to pursue salt water disposal opportunities. Through the relationships forged in the midstream industry, Jason has gained access to off-market investment opportunities which he continues to source and acquire. An active investor, Mr. Pickard is also invested in numerous restaurants in and around the Dallas/Fort Worth area.

Rick Leyba

Director of Business Development

Rick brings over a decade of oil and gas experience spanning field operations, measurement, and land management. He worked as a contract landman for EOG Resources, Chesapeake Energy, and SandRidge Energy, specializing in right-of-way acquisition, title curative work, and lease acquisition through broker networks. Rick also founded and scaled an e-liquid manufacturing and distribution company with operations across the U.S., Canada, and the EU. He joined LegacyCrest Capital in 2025 to lead business development and investor relations. Rick holds a B.S. in Business from New Mexico State University.

Colleen Leyba

Marketing & Operations Manager

Colleen began her career as a landman handling right-of-way acquisition, title curative work, and oil and gas lease acquisition. She then joined Michaelis Mosaics International, her family's firm creating luxury mosaic installations for high-end estates and institutional clients including the Dallas Zoo, Dallas Museum of Art, and the City of Highland Park. She joined LegacyCrest to lead marketing and operations, overseeing brand strategy, digital advertising, and investor communications. Colleen holds a B.A. in International Studies from the University of North Texas.

Kyle Hammond

Investor Relations Associate

Kyle spent over two decades in product development and manufacturing, working as a product development engineer for eight years, a compliance coordinator for seven years, and an operations manager for six years. His experience navigating complex regulatory environments, managing cross-functional teams, and overseeing quality-driven operations translates naturally to the structured, compliance-focused world of oil and gas investment. Kyle works directly with prospective investors to walk them through LegacyCrest's current opportunities.

Securities Counsel

Our Legal Counsel

LegacyCrest Capital retains independent outside securities counsel through Whitaker Chalk Swindle & Schwartz PLLC, a Fort Worth-based securities law firm whose attorneys bring decades of experience advising broker-dealers, investment advisers, and issuers on regulatory and compliance matters.

The firm's securities practice includes attorneys who have served as Enforcement Attorneys for the U.S. Securities and Exchange Commission and the Texas State Securities Board, have served as general counsel of broker-dealers and investment advisers, and are recognized among the top securities attorneys in Texas — including AV-Rated Martindale-Hubbell® Preeminent™ designees and recipients of Top Attorney recognition in Fort Worth and 360 West Magazine.

The firm's securities counsel holds leadership positions within the State Bar of Texas Business Law Section and has extensive experience preparing private offering documents, SEC filings, and advising on Regulation D compliance.

Learn More About Whitaker Chalk →

Whitaker Chalk Swindle & Schwartz PLLC serves as independent outside counsel to LegacyCrest Capital and is not an employee or affiliate of the firm.

About LegacyCrest Capital