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But wait, according to the “experts”, I thought this was supposed to be just a “simple leak test” ? Wonder why they would need to run the device at 40KV for a “simple leak test?” I guess we can also throw the “going against the laws of mother nature” claim out the window as well (I still laugh at that one). Looking forward to exposing more of the continued lies against the company....meanwhile I’ll continue loading up while the price is at a bargain rate.
https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/Successful_Hydrostatic_Test_Complete_December_30_2022.pdf
The below is so TRUE in regards to QSEP
The paid bashers, compulsive liars, uneducated fools with a low IQ and shorters seem to be nervous and are panicking with their continuing nonsense. The PROVEN AOT is a "GAME CHANGER" for the oil industry. It’s not too late to cover that massive short position. Perhaps that boiler room for the paid bashers will shut down soon. Tic toc tic toc tic toc
My god we made money on the deal speaking of idiots who don't have a clue what they are talking about.
we bought???????what if we sold that much added to our buyers....there is no comparison to your idiocy defending our country buying oil at this time..lame intellect
That's laughable. We just bought 3.3 million barrels of oil in May at a nice profit. Where do you get your bogus information. Our stockpile is almost full at 700 million barrels. We can't go below 250 million barrels by law and can only 30 million barrels any one time. We are the largest producer of oil in the world so calm down.
what is left in our petroleum reserve...it's been drained
The PROVEN AOT is a "GAME CHANGER" for the oil industry as per the FACTS below
QS ENERGY TAKES FIRST STEP TO COMMERCIAL AOT
https://ir.qsenergy.com/press-releases/detail/2058
QS Energy (QSEP) Signs LOI with Strategic Partner VIPS Petroleum to Deploy AOT
TOMBALL, TX / ACCESSWIRE / June 12, 2024 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB:QSEP), a leading developer of advanced energy efficiency technologies, is pleased to announce the signing of a Letter of Intent (LOI) with VIPS Petroleum as of Tuesday, June 11th. This strategic partnership aims to facilitate the deployment of QS Energy's Applied Oil Technology (AOT) device to enhance the operational efficiency of VIPS Petroleum's customers.
QS Energy and VIPS Petroleum have agreed to collaborate on deploying the AOT device to one or more of VIPS Petroleum's esteemed clients, marking a significant step forward in improving the efficiency and sustainability of oil transportation. The agreement outlines a comprehensive timeline, starting with the signing of a Memorandum of Understanding (MOU) and a collaboration agreement in June 2024. The deployment will commence with a customer contract expected to be finalized in July/August 2024, followed by the actual deployment of the AOT device between September and the end of the year. VIPS Petroleum will receive compensation in the form of ownership and commission, as detailed in the forthcoming MOU and definitive agreement.
The onboarding process for the customer includes an initial 30-day consideration period to ensure the AOT device meets set performance goals. The device must achieve predefined operational goals to proceed. Upon successful demonstration, customers can select the most suitable AOT purchase plan. Full-scale deployment will follow the successful completion of this evaluation period and goal achievement.
"We are thrilled to announce this strategic partnership with VIPS Petroleum," said Cecil Bond Kyte, CEO of QS Energy. "This collaboration is a testament to the effectiveness of our AOT technology and its potential to revolutionize the energy industry. We are confident that this partnership will not only enhance the operational efficiency of VIPS Petroleum's customers but also significantly boost QS Energy's market position and investor confidence."
John McLeod, Jr., CEO of VIPS Petroleum, echoed this enthusiasm, stating, "We are excited to bring the AOT device to our clients. The potential improvements in efficiency and reductions in operational costs align perfectly with our commitment to providing innovative and sustainable solutions to the petroleum industry. It's impressive to see how effectively the company is utilizing its resources to achieve these advancements."
VIPS Petroleum's clients across 12+ countries have expressed strong anticipation for the deployment of QS Energy's AOT device. "We are eager to integrate this technology into our operations," stated John McLeod, Jr., CEO of VIPS Petroleum. "We believe the AOT device will significantly enhance our operational efficiency and contribute to our sustainability goals."
The signed LOI marks the beginning of a series of strategic steps, including the finalization of the MOU in June 2024 and the deployment of the AOT device later this year. This partnership is poised to deliver substantial benefits to both companies and their stakeholders.
About VIPS Petroleum
VIPS Petroleum is a leader in the petroleum industry, providing innovative solutions and superior service to its clients. VIPS Petroleum is committed to leveraging cutting-edge technologies to enhance the performance and sustainability of its operations. For further information about VIPS Petroleum, visit www.vipspetroleum.co.
Cecil Bond Kyte
CEO, QS Energy
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB: QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
Wow, CONTRACT in July/August 2024. That's this month or next month.
But wait, according to the “experts”, I thought this was supposed to be just a “simple leak test” ? Wonder why they would need to run the device at 40KV for a “simple leak test?” I guess we can also throw the “going against the laws of mother nature” claim out the window as well (I still laugh at that one). Looking forward to exposing more of the continued lies against the company....meanwhile I’ll continue loading up while the price is at a bargain rate.
https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/Successful_Hydrostatic_Test_Complete_December_30_2022.pdf
The below is so TRUE in regards to QSEP
The paid bashers, compulsive liars, uneducated fools with a low IQ and shorters seem to be nervous and are panicking with their continuing nonsense. The PROVEN AOT is a "GAME CHANGER" for the oil industry. It’s not too late to cover that massive short position. Perhaps that boiler room for the paid bashers will shut down soon. Tic toc tic toc tic toc
I hate to inform you but we are pumping more oil than we have ever pumped. Keystone will do nothing to improve that situation. Do you know where that oil will originate from and what refinery will receive that crap? Valero which will be exporting that Canadian sludge all tax free. Whoop dee doo
Ok team. Its time to get restarted in putting the keystone pipeline back to work.
We need to be totally energy independent and QSEP is going to be an important part of making that happen.
Trump promised that we would "drill baby drill" to reestablish our energy independence. This one item will bring America back to being, a global leader in everything. We need to get America back to being not only energy independent but also to be the energy suppller to all the entire free world. Let's do this!!!!!
The PROVEN AOT is a "GAME CHANGER" for the oil industry as per the FACTS below
QS ENERGY TAKES FIRST STEP TO COMMERCIAL AOT
https://ir.qsenergy.com/press-releases/detail/2058
QS Energy (QSEP) Signs LOI with Strategic Partner VIPS Petroleum to Deploy AOT
TOMBALL, TX / ACCESSWIRE / June 12, 2024 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB:QSEP), a leading developer of advanced energy efficiency technologies, is pleased to announce the signing of a Letter of Intent (LOI) with VIPS Petroleum as of Tuesday, June 11th. This strategic partnership aims to facilitate the deployment of QS Energy's Applied Oil Technology (AOT) device to enhance the operational efficiency of VIPS Petroleum's customers.
QS Energy and VIPS Petroleum have agreed to collaborate on deploying the AOT device to one or more of VIPS Petroleum's esteemed clients, marking a significant step forward in improving the efficiency and sustainability of oil transportation. The agreement outlines a comprehensive timeline, starting with the signing of a Memorandum of Understanding (MOU) and a collaboration agreement in June 2024. The deployment will commence with a customer contract expected to be finalized in July/August 2024, followed by the actual deployment of the AOT device between September and the end of the year. VIPS Petroleum will receive compensation in the form of ownership and commission, as detailed in the forthcoming MOU and definitive agreement.
The onboarding process for the customer includes an initial 30-day consideration period to ensure the AOT device meets set performance goals. The device must achieve predefined operational goals to proceed. Upon successful demonstration, customers can select the most suitable AOT purchase plan. Full-scale deployment will follow the successful completion of this evaluation period and goal achievement.
"We are thrilled to announce this strategic partnership with VIPS Petroleum," said Cecil Bond Kyte, CEO of QS Energy. "This collaboration is a testament to the effectiveness of our AOT technology and its potential to revolutionize the energy industry. We are confident that this partnership will not only enhance the operational efficiency of VIPS Petroleum's customers but also significantly boost QS Energy's market position and investor confidence."
John McLeod, Jr., CEO of VIPS Petroleum, echoed this enthusiasm, stating, "We are excited to bring the AOT device to our clients. The potential improvements in efficiency and reductions in operational costs align perfectly with our commitment to providing innovative and sustainable solutions to the petroleum industry. It's impressive to see how effectively the company is utilizing its resources to achieve these advancements."
VIPS Petroleum's clients across 12+ countries have expressed strong anticipation for the deployment of QS Energy's AOT device. "We are eager to integrate this technology into our operations," stated John McLeod, Jr., CEO of VIPS Petroleum. "We believe the AOT device will significantly enhance our operational efficiency and contribute to our sustainability goals."
The signed LOI marks the beginning of a series of strategic steps, including the finalization of the MOU in June 2024 and the deployment of the AOT device later this year. This partnership is poised to deliver substantial benefits to both companies and their stakeholders.
About VIPS Petroleum
VIPS Petroleum is a leader in the petroleum industry, providing innovative solutions and superior service to its clients. VIPS Petroleum is committed to leveraging cutting-edge technologies to enhance the performance and sustainability of its operations. For further information about VIPS Petroleum, visit www.vipspetroleum.co.
Cecil Bond Kyte
CEO, QS Energy
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB: QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
Wow, CONTRACT in July/August 2024. That's this month or next month.
But wait, according to the “experts”, I thought this was supposed to be just a “simple leak test” ? Wonder why they would need to run the device at 40KV for a “simple leak test?” I guess we can also throw the “going against the laws of mother nature” claim out the window as well (I still laugh at that one). Looking forward to exposing more of the continued lies against the company....meanwhile I’ll continue loading up while the price is at a bargain rate.
https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/Successful_Hydrostatic_Test_Complete_December_30_2022.pdf
The below is so TRUE in regards to QSEP
The paid bashers, compulsive liars, uneducated fools with a low IQ and shorters seem to be nervous and are panicking with their continuing nonsense. The PROVEN AOT is a "GAME CHANGER" for the oil industry. It’s not too late to cover that massive short position. Perhaps that boiler room for the paid bashers will shut down soon. Tic toc tic toc tic toc
NAKED SHORT SELLING gets reported differently & isn't part of Finra reporting. Experts that know their job tell me there is a HUGE SHORT position in QS.
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
As QS is getting closer & closer to SUCCESS with the PROVEN AOT, those that are SHORT big time on QS seem to be getting more & more desperate with their CONTINUED LIES.
I would NOT want to be SHORT on QS Energy. I notice the SHORT POSITION in QS Energy is increasing as per the EVIDENCE in the short report below.
https://otcshortreport.com/company/QSEP?index=qsep&action=view#.Vc0xR17ovIU
Down 12% on 2200 shares sold.. is that more naked shorts lol!!
The PROVEN AOT is a "GAME CHANGER" for the oil industry as per the FACTS below
QS ENERGY TAKES FIRST STEP TO COMMERCIAL AOT
https://ir.qsenergy.com/press-releases/detail/2058
QS Energy (QSEP) Signs LOI with Strategic Partner VIPS Petroleum to Deploy AOT
TOMBALL, TX / ACCESSWIRE / June 12, 2024 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB:QSEP), a leading developer of advanced energy efficiency technologies, is pleased to announce the signing of a Letter of Intent (LOI) with VIPS Petroleum as of Tuesday, June 11th. This strategic partnership aims to facilitate the deployment of QS Energy's Applied Oil Technology (AOT) device to enhance the operational efficiency of VIPS Petroleum's customers.
QS Energy and VIPS Petroleum have agreed to collaborate on deploying the AOT device to one or more of VIPS Petroleum's esteemed clients, marking a significant step forward in improving the efficiency and sustainability of oil transportation. The agreement outlines a comprehensive timeline, starting with the signing of a Memorandum of Understanding (MOU) and a collaboration agreement in June 2024. The deployment will commence with a customer contract expected to be finalized in July/August 2024, followed by the actual deployment of the AOT device between September and the end of the year. VIPS Petroleum will receive compensation in the form of ownership and commission, as detailed in the forthcoming MOU and definitive agreement.
The onboarding process for the customer includes an initial 30-day consideration period to ensure the AOT device meets set performance goals. The device must achieve predefined operational goals to proceed. Upon successful demonstration, customers can select the most suitable AOT purchase plan. Full-scale deployment will follow the successful completion of this evaluation period and goal achievement.
"We are thrilled to announce this strategic partnership with VIPS Petroleum," said Cecil Bond Kyte, CEO of QS Energy. "This collaboration is a testament to the effectiveness of our AOT technology and its potential to revolutionize the energy industry. We are confident that this partnership will not only enhance the operational efficiency of VIPS Petroleum's customers but also significantly boost QS Energy's market position and investor confidence."
John McLeod, Jr., CEO of VIPS Petroleum, echoed this enthusiasm, stating, "We are excited to bring the AOT device to our clients. The potential improvements in efficiency and reductions in operational costs align perfectly with our commitment to providing innovative and sustainable solutions to the petroleum industry. It's impressive to see how effectively the company is utilizing its resources to achieve these advancements."
VIPS Petroleum's clients across 12+ countries have expressed strong anticipation for the deployment of QS Energy's AOT device. "We are eager to integrate this technology into our operations," stated John McLeod, Jr., CEO of VIPS Petroleum. "We believe the AOT device will significantly enhance our operational efficiency and contribute to our sustainability goals."
The signed LOI marks the beginning of a series of strategic steps, including the finalization of the MOU in June 2024 and the deployment of the AOT device later this year. This partnership is poised to deliver substantial benefits to both companies and their stakeholders.
About VIPS Petroleum
VIPS Petroleum is a leader in the petroleum industry, providing innovative solutions and superior service to its clients. VIPS Petroleum is committed to leveraging cutting-edge technologies to enhance the performance and sustainability of its operations. For further information about VIPS Petroleum, visit www.vipspetroleum.co.
Cecil Bond Kyte
CEO, QS Energy
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB: QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
Wow, CONTRACT in July/August 2024. That's this month or next month.
NAKED SHORT SELLING gets reported differently & isn't part of Finra reporting. Experts that know their job tell me there is a HUGE SHORT position in QS.
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
As QS is getting closer & closer to SUCCESS with the PROVEN AOT, those that are SHORT big time on QS seem to be getting more & more desperate with their CONTINUED LIES.
I would NOT want to be SHORT on QS Energy. I notice the SHORT POSITION in QS Energy is increasing as per the EVIDENCE in the short report below.
https://otcshortreport.com/company/QSEP?index=qsep&action=view#.Vc0xR17ovIU
The below is so TRUE in regards to QSEP
The paid bashers, compulsive liars, uneducated fools with a low IQ and shorters seem to be nervous and are panicking with their continuing nonsense. The PROVEN AOT is a "GAME CHANGER" for the oil industry. It’s not too late to cover that massive short position. Perhaps that boiler room for the paid bashers will shut down soon. Tic toc tic toc tic toc
But wait, according to the “experts”, I thought this was supposed to be just a “simple leak test” ? Wonder why they would need to run the device at 40KV for a “simple leak test?” I guess we can also throw the “going against the laws of mother nature” claim out the window as well (I still laugh at that one). Looking forward to exposing more of the continued lies against the company....meanwhile I’ll continue loading up while the price is at a bargain rate.
https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/Successful_Hydrostatic_Test_Complete_December_30_2022.pdf
Where is this proven AOT working except in people's hallucinations?
Good to see QS management aren't wasting their time taking advice from uneducated fools with a low IQ, shorters, compulsive liar's, cowards, grubs, failed crypto Cardano traders, tax cheats, paid bashers or fraudsters, nor do I
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
The PROVEN AOT is a "GAME CHANGER" for the oil industry as per the FACTS below
QS ENERGY TAKES FIRST STEP TO COMMERCIAL AOT
https://ir.qsenergy.com/press-releases/detail/2058
QS Energy (QSEP) Signs LOI with Strategic Partner VIPS Petroleum to Deploy AOT
TOMBALL, TX / ACCESSWIRE / June 12, 2024 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB:QSEP), a leading developer of advanced energy efficiency technologies, is pleased to announce the signing of a Letter of Intent (LOI) with VIPS Petroleum as of Tuesday, June 11th. This strategic partnership aims to facilitate the deployment of QS Energy's Applied Oil Technology (AOT) device to enhance the operational efficiency of VIPS Petroleum's customers.
QS Energy and VIPS Petroleum have agreed to collaborate on deploying the AOT device to one or more of VIPS Petroleum's esteemed clients, marking a significant step forward in improving the efficiency and sustainability of oil transportation. The agreement outlines a comprehensive timeline, starting with the signing of a Memorandum of Understanding (MOU) and a collaboration agreement in June 2024. The deployment will commence with a customer contract expected to be finalized in July/August 2024, followed by the actual deployment of the AOT device between September and the end of the year. VIPS Petroleum will receive compensation in the form of ownership and commission, as detailed in the forthcoming MOU and definitive agreement.
The onboarding process for the customer includes an initial 30-day consideration period to ensure the AOT device meets set performance goals. The device must achieve predefined operational goals to proceed. Upon successful demonstration, customers can select the most suitable AOT purchase plan. Full-scale deployment will follow the successful completion of this evaluation period and goal achievement.
"We are thrilled to announce this strategic partnership with VIPS Petroleum," said Cecil Bond Kyte, CEO of QS Energy. "This collaboration is a testament to the effectiveness of our AOT technology and its potential to revolutionize the energy industry. We are confident that this partnership will not only enhance the operational efficiency of VIPS Petroleum's customers but also significantly boost QS Energy's market position and investor confidence."
John McLeod, Jr., CEO of VIPS Petroleum, echoed this enthusiasm, stating, "We are excited to bring the AOT device to our clients. The potential improvements in efficiency and reductions in operational costs align perfectly with our commitment to providing innovative and sustainable solutions to the petroleum industry. It's impressive to see how effectively the company is utilizing its resources to achieve these advancements."
VIPS Petroleum's clients across 12+ countries have expressed strong anticipation for the deployment of QS Energy's AOT device. "We are eager to integrate this technology into our operations," stated John McLeod, Jr., CEO of VIPS Petroleum. "We believe the AOT device will significantly enhance our operational efficiency and contribute to our sustainability goals."
The signed LOI marks the beginning of a series of strategic steps, including the finalization of the MOU in June 2024 and the deployment of the AOT device later this year. This partnership is poised to deliver substantial benefits to both companies and their stakeholders.
About VIPS Petroleum
VIPS Petroleum is a leader in the petroleum industry, providing innovative solutions and superior service to its clients. VIPS Petroleum is committed to leveraging cutting-edge technologies to enhance the performance and sustainability of its operations. For further information about VIPS Petroleum, visit www.vipspetroleum.co.
Cecil Bond Kyte
CEO, QS Energy
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB: QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
QS Energy, Inc. (OTCQB: QSEP), provides the global energy industry with patent-protected industrial equipment designed to deliver measurable performance improvements to crude oil pipelines. Developed in partnership with leading university and crude oil production and transportation entities, QS Energy's high-value solutions address the enormous capacity inadequacies of domestic and overseas pipeline infrastructures that were designed and constructed prior to the current worldwide surge in oil production. In support of our clients' commitment to the responsible sourcing of energy and environmental stewardship, QS Energy combines scientific research with inventive problem solving to provide energy efficiency 'clean tech' solutions to bring new efficiencies and lower operational costs to the upstream, midstream and gathering sectors.
QS Energy's flagship technology is the AOT.
Sign up to QS Energy's email alert list
Developed in partnership with scientists at Temple University in Philadelphia, Applied Oil Technology (AOT) is the energy industry's first pipeline flow improvement solution for crude oil, using an electrical charge to coalesce microscopic particles native to unrefined oil, thereby reducing viscosity. Over the past four years AOT has been rigorously prepared for commercial use with the collaboration of engineering teams at numerous independent oil production and transportation entities interested in harnessing its demonstrated efficacy to increase pipeline performance and flow, drive up committed and uncommitted toll rates for pipeline operators, and reduce pipeline operating costs. Although AOT originally attracted the attention of pipeline operators motivated to improving their takeaway capacity during an historic surge in upstream output resulting from enhanced oil recovery techniques, the technology now represents what we believe to be the premiere solution for improving the profit margins of producers and transporters during today's economically challenging period of low spot prices and supply surplus.
JASON LANE: Chief Executive Officer and Chairman of the Board of the Company
Jason Lane is a veteran of the oil and gas industry with a 20-year track record of procuring and divesting of oil and gas leases, mineral and royalty interests and production in the lower 48 States through his own partnerships and joint ventures. His most recent large transaction includes lease divestitures to Halcon Resources (Woodbine) and Terrace Energy LLC (Woodbine). Previously, Mr. Lane sold Rocky Mountain prospects to Bill Barrett Corp as well as multiple prospects to Chesapeake Energy across East Texas. Additionally, Mr. Lane has operated and or participated in the drilling of wells in Texas, Louisiana, Montana, and Wyoming. He has been the lead on all of his partnerships since 2002, with partners ranging from family offices to hedge funds.
During his career, Mr. Lane has been directly involved in the leasing of over 650,000 prime acres for his partnerships. Also in the royalty field, he has sold multiple royalty packages to NGP portfolio companies, Noble Royalties and other companies and funds. Mr. Lane has also managed up to a 125 Landman operation which was responsible for title and lease acquisition work for several significant companies throughout the United States.
SHANNON RASMUSSEN: VP of Engineering
As co-founder and senior principal of Colorado-based energy consulting firm Citrine Energy, Mr. Rasmussen comes to QS Energy with nearly two decades of experience in the power and oil and gas sectors, with deep expertise in engineering design, project and program management, construction, compliance, and quality. Mr. Rasmussen comes into this new role at QS Energy with critical knowledge of AOT and its demonstrated ability to reduce the viscosity of crude oil -- helping operators increase flow volume, reduce reliance on diluents, relax viscosity requirements, and meet carbon emission reduction goals while decreasing operating costs and improving pipeline efficiency. As a consulting engineer for TransCanada in 2014, Mr. Rasmussen experienced AOT operations first hand; in a similar role for QS Energy over the past two years, he helped spearhead critical design and fabrication improvements that have resulted in significant gains in AOT operating efficiencies, while achieving stable operations on a high-volume high API crude oil pipeline. In addition to his recent on-site consulting with QS Energy, Mr. Rasmussen has served as a project - program manager and consultant for TransCanada Pipelines across a range of compliance-related projects including Keystone, Gulf Coast, KXL, and Energy East Pipelines. Mr. Rasmussen holds a B.S. in Mechanical Engineering from the Colorado School of Mines, is a registered Professional Engineer (PE), and a certified Project Management Professional (PMP). Mr. Rasmussen, along with his wife and three children, are looking forward to relocating to the Houston area.
GARY BUCHLER: Independent director, member of Audit Committee
Gary Buchler is Chief Operating Officer of the Natural Gas Pipeline business unit of Kinder Morgan, Inc. (NYSE: KMI) and operator of one of the largest interstate pipeline systems in the United States. With oversight of a combined annual expense/capital budget of $1.3 billion, Mr. Buchler is responsible for all Engineering, Operations, Environmental, Health and Safety (EHS), and Land Management functions for roughly 70,000 miles of transmission and gathering pipelines. Mr. Buchler is responsible for the day-to-day management of 3,900 employees, evaluation and oversight of expansion projects, and the evaluation of potential acquisitions. As Chief Operating Officer of the KM Gas Pipelines, Mr. Buchler has been instrumental in the acquisition and integration of more than $45 billion in pipeline assets at Kinder Morgan. Mr. Buchler has held various management positions at Kinder Morgan since 1979, including Vice-President Engineering/Operations Pipeline Group, Vice-President Eastern Pipeline Operations, Vice-President Engineering and Operations Kinder Morgan Gas Treating/Kinderhawk Field Services, and Director of Pipeline Integrity. He earned a Bachelor's Degree in Electrical Engineering from the University of Iowa and an MBA from the Keller Graduate School of Management.
DON DICKSON: Independent director
Mr. Dickson returned to Kinder Morgan after working for the company in their natural gas operations for 26 years during which time he served in various capacities including Director of Operations on two major pipeline projects: the 42” Rockies Mountain Express (REX) and the 42” Midcontinent Express Pipeline (MEP). In between his stints at Kinder Morgan, Mr. Dixon served as Chief Executive Officer for Advanced Pipeline Services (APS), which provided a full range of services to the oil and gas industry including new pipeline and facilities construction, horizontal directional drilling and pipeline integrity/rehabilitation. He also was Director of Operations at Tetra Resources where he completed various onshore and offshore oil and gas wells. He also served as a Senior Engineer with Halliburton Services. Mr. Dickson earned his B.S. in Engineering from Oklahoma State University.
THOMAS A. BUNDROS: Independent director
During his extensive career in the energy industry Mr. Bundros has served as chief financial officer and a senior level finance executive with a variety of entities in the oil and gas industry and public utilities sector. In addition to his tenure as Chief Financial Officer at Colonial Pipeline Company, the world’s largest pipeline operator transporting 100 million gallons of refined petroleum products daily across 5,500 miles of pipeline, Mr. Bundros held various financial positions in the Atlanta and New York offices of the Southern Company System, the 16th largest utility company in the world and the fourth largest in the U.S. with over 4 million customers in Alabama, Georgia, Florida, and Mississippi.
Mr. Bundros currently serves as the Chief Executive Officer for Dalton Utilities, a provider of electricity, natural gas, water and telecommunications services to the city of Dalton and portions of northwest Georgia. Mr. Bundros earned his Master of Business Administration in Finance and Bachelor of Science in Economics and Business Administration at the University of North Carolina at Greensboro.
ERIC BUNTING: Independent director
Eric Bunting, M.D. is a board-certified Ear, Nose, and Throat physician, and he is an owner and partner in an independent specialty group. This group has partnered with Wichita Surgical Specialist (“WSS”), which remains one of the country’s largest surgical multispecialty groups. Dr. Bunting has been on the board of directors of WSS for the last 10 years. Dr. Bunting graduated from Kansas University School of Medicine and subsequently received specialty training at Kansas University Medical Center.
Dr. Bunting has many diverse business and entrepreneurial interests. Dr. Bunting has an interest in early startup companies and franchising opportunities. He is an owner and partner in approximately 40 fast-casual restaurant franchises in 10 states. He has board of director experience in the health care industry with multiple ambulatory surgical centers and a radiation center. Dr. Bunting has been an integral part of these boards through merger and acquisition periods. Other interests are in the wine and spirits industry where Dr. Bunting has been involved in a successful spirit start-up, which is poised for an acquisition opportunity. Dr. Bunting has other ongoing active business investments in the evolving internet artificial intelligence industry, as it relates to marketing and advertising.
Dr. Bunting has been an investor in the Company, acquiring a significant number of shares over the last four years. During this period, he has been and will remain an unbiased shareholder advocate looking forward to commercialization, deployment, and eventual profitability for the Company.
RICHARD MUNN: Independent director
Richard W. Munn is one of the top players in the royalty and mineral arena as demonstrated over the last 15 years with 39 years of industry experience. Of note, he managed the royalty acquisition teams at Noble Royalties and other companies, closing on the acquisition of approximately $450 million worth of Royalty and Mineral Interests involving over 50 separate transactions. Mr. Munn has a solid reputation and extensive relationships with private and public U.S.-based energy producers and mineral holders. He has also managed his own exploration and production companies. From 2005 to 2007, Mr. Munn chaired the IPAA Business Development Committee and from 2007 to 2009, he chaired the IPAA Business Development/ Membership Committee. From 2005 to 2007, Mr. Munn chaired the Society of Petroleum Engineers Business Development Committee. In addition, to his network of oil and gas industry relationships, Mr. Munn is a licensed registered professional geologist in Wyoming with a B.A. in Geology from the University of Colorado.
(1) On 8/5/2016 Don Dickson invested $70,000 in a Private Placement offering of convertible notes and warrants.
(2) On 10/13/2016 Don Dickson converted his note into common stock.
(3) On 4/17/2017 Dr. Eric Bunting invested $50,000 in a Private Placement offering of convertible notes and warrants.
(4) On 5/15/17 Richard Munn invested $10,000 in a Private Placement offering of convertible notes and warrants. He immediately converted the notes to common stock.
(5) On 5/15/2017 Richard Munn bought 42,000 shares of common stock in the open market at $0.24 per share.
(6) On 5/31/2017 Thomas Bundros invested $100,000 in a private Placement of convertible notes and warrants. He immediately converted the notes to common stock.
(7) On 7/19/2017 Dr. Eric Bunting invested an additional $40,000 to convert his warrants and stock options into common stock well before their expiration dates.
(8) On 7/30/2017 Don Dickson invested an additional $38,500 to convert warrants into common stock.
(9) On 8/2/2017 Gary Buchler invested $50,000 to buy common stock at market prices and converted all of his vested stock options.
Review Form-3 and Form-4 filings to find the original documents showing these purchases.
*To access and read all official SEC filings, click here.
*Company SEC Filings
*Corporate profile
*Investor tear sheet
- All press releases
- Incoming QS Energy CEO and Chairman Jason Lane's Letter to Shareholders and Board of Directors (MARCH 31, 2017)
- QS Energy CEO Jason Lane Issues Shareholder Update (MAY 25, 2017)
- Veteran Pipeline Infrastructure Engineer Shannon Rasmussen Joins QS Energy To Lead Global Commercialization of AOT Flow Assurance Technology (JUNE 30, 2017)
- World Pipelines: QS Energy: positive evaluation on major crude and condensate pipeline (June 6, 2016)
- Pipeline tech co. moves to Houston, names CEO, directors (June 5, 2017)
- Energy tech CEO: 'The timing is perfect' for commercial phase (June 8, 2017)
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