The Midland Development Corporation staff is here to assist you, your business, and your family. We are a resource that can help you to identify opportunities, find a new home for your business, and locate available financial incentives. Our team also connects families who are interested in relocating with the resources they need to find a new job and home in Midland.

In Midland, the sky is no longer the limit. Contact us to explore the many opportunities Midland can offer you.


Wesley Bownds


Wesley Bownds is the Permian Basin Regional President for Frost Bank. Prior to his forty-year banking career in Midland, he earned a Bachelor’s of Business Administration degree from Texas A&M University. Along with the MDC board, Wesley serves on the Midland Chamber of Commerce Boar...

Stephen Lowery
1st Vice Chair


Stephen Lowery is a managing principal of Red Beard Capital LLC (RBC), engaging in sourcing and managing investments for clients. Prior to co-founding RBC, he was employed by Henry Investment Group (HIG) within business development. Before joining HIG, Stephen was the CFO of an oi...

Chase Gardaphe
2nd Vice Chair


Chase Gardaphe is a real estate developer focused on developing and managing manufactured housing communities.  He is a graduate of the Texas A&M School of Architecture and received his MBA from Southern Methodist University.  Chase has served on the Planning and Zoning commission for th...

Berry Simpson


Berry Simpson is a registered Professional Petroleum Engineer, licensed since 1986. He has worked with a variety of oil and gas producers in Midland since 1982, including Apache, Williamson, EGL Resources, BP, Great Western, Beach Exploration, Chevron, Mobil, and Amerada Hess Corporation. He earned ...

Elaine Bedell


Dr. Elaine Bedell was born and raised in Midland. She graduated from the University of Houston with a doctorate in pharmacology before completing her clinical residency and earning board certification in pharmacotherapy. Currently she is leading a nonprofit organization focused on facilitating community collaboration fo...

P. Lourcey Sams


P. Lourcey Sams is a co-founder of Pennant Development and Production, LLC (“PDP”). He has served as the President of the PDP since inception in 1998 and currently serves as CEO, Chairman and President. In addition to his positions with PDP, Sams has served as Presiden...

Jill Pennington


Jill Pennington is a shareholder at Davis Gerald & Cremer, where her practice emphasizes oil and gas contract disputes, complex personal injury matters, general corporate and business defense, and probate, trust and fiduciary litigation. She has represented a variety of clients in Texas, including oi...

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