Kyle L. Stallings is the Founder and Chief Executive Officer of Desert Royalty Company, LLC. Kyle graduated from Texas Tech University in 1978 with a degree in Real Estate Finance. He began his career as a land man with Hunt Energy in 1979 before joining Enserch Exploration in 1980. Kyle began acquiring minerals in 1986, co-founded Permian Basin Acquisition Fund 88 (PBAF 88) in 1987 and formed Permian Basin Acquisition Fund as a sole proprietorship in 1990. Kyle and his wife Jamie have five children and eleven grandchildren. He serves on the Board of Directors of the Texas Public Policy Foundation, Permian Basin Petroleum Museum, and is a co-founder of MarketPlace Midland. Mr. Stallings serves on the Texas Lieutenant Governor’s Workforce and Economic Development Advisory Board.