Quantum Energy, Inc. (QEGY)
Company Website: http://www.quantum-e.com/
QUANTUM ENERGY, INC. proposes to develop up to five 21st Century Energy Centers throughout the Bakken field with each to include a minimum 20,000 barrel-per- day diesel refinery, a separate adjacent processing plant to strip the crude of Natural Gas Liquids (NGL’s) for barrel value enhancement and the local/regional production of NGL byproducts. The Centers will also utilize the latest CO2 capture technology to reduce emission regulation while providing injection supply of CO2 for enhanced oil recovery (EOR).
Quantum Native Processing Partners, LLC (QNPP), a joint venture formed with Native Son Refining, LLC, a Woodlands, Texas, subsidiary of Native Son Holdings, LLC, has been formed to develop a 40,000 bpd refinery in Berthold, North Dakota. QNPP has filed an application for a minor source air quality construction permit with the North Dakota Health Department, Air Quality Division. The 40,000 bpd facility substantially increases Quantum projections as it is equivalent to constructing two of the previously planned 20,000 bpd energy centers. The QNPP Berthold refinery annual revenues using June 2015 prices are projected at approximately $1.2 billion while resulting annual EBITDA is projected at approximately $345,000,000. The capital commitment to build the facility is estimated at $645,000,000. The estimated output of the primary products from the crude processing facility in barrels per day based on a 360 day operating year include 18,400 bpd of gasoline; 13,200 bpd of diesel #2; 5,600 bpd of diesel #1 and 2,800 bpd of AGO/bottoms.
Quantum has a strategic partner, Bilfinger Westcon www.westconindustries.com who will handle all of the construction services through an existing Joint Development Agreement.
Management
Stanley F Wilson
Chairman, President, Secretary, Treasurer and director.
Mr. Wilson is corporate executive as well as an M&A securities attorney whose legal and business career has placed primary emphasis in business combinations involving small cap publicly traded companies across a. wide range of industries including oil and gas, fuel trading and marketing, telecommunications, specialty finance, insurance and retail automotive. This specialization has taken many forms including numerous going-public transactions, serving as President and General Counsel to multiple publicly traded holding companies trading on NASDAQ, OTCBB and the Pink Sheets, as well as legal counsel to new car dealerships, general counsel to statewide automotive dealer associations, automotive trade association executive, automotive industry lobbyist and CEO of sub-prime automotive finance companies both publicand privately-held. Mr. Wilson has been an active member of the Nebraska State Bar Association since 1974, was appointed by the Governor as an acting Lancaster County Court Judge and served as The Staff Judge Advocate of the 67th Infantry Brigade of the Nebraska Army National Guard with the rank of Captain. Mr. Wilson is Of Counsel with the Tempe, Arizona law firm of Davis, Miles, McGuire Gardner, PLLC www.davismiles.com.
Recent Press
WASH RINSE AND REPEAT?
Wealth Group Signs MOU To JV With Peruvian Gold Mine And Will Finance Retail "Raw" Gold Sales
May 31, 2012, 09:30 ET from AER Energy Resources, Inc.
SCOTTSDALE, Ariz., May 31, 2012 /PRNewswire/ -- AER Energy Resources, Inc. (PINKSHEETS: AERN) announced today that its subsidiary Global Wealth Group, Inc.(GWG) has signed an MOU with Avenill Ventures, LLC (AVL) with Gold operations in Lima, Peru.
GWG has agreed in principal, pending final due-diligence and approval from AERN's board, to fund the initial and expected rapid growth rate of AVL's new "Retail" raw gold sales. Previously AVL has been selling gold to refiners in Lima, Peru and Los Angeles, CA. Raw gold prices are often 5-7% below Spot prices in this wholesale market but with this new 50/50 JV between the parties; AVL will now be able to sell larger quantities and receive 10-15% above daily Spot gold pricing. That represents on average approximately 20% higher margins for the sale of raw gold extracted from the mines in Peru. With gold priced at $1565/oz. the new raw gold retail sales JV will amount to an improvement of over $300(US) per oz.
Stanley F. Wilson, AER Energy Resources, Inc., President stated, "It is encouraging to see that our GWG subsidiary has accomplished this new commodities JV with a quality Gold brokerage company. We remain committed to execute our O&G business plan and expect 100BOPD by the end of Q2, 2013. This additional revenue stream from GWG will significantly assist in accomplishing those goals."
The JV expects to sell approximately 70 oz of raw gold monthly or an annual increase in gold revenues of an additional $250,000. Gross sales are expected to exceed $1,400,000with improving Spot gold pricing over the next 12 months.
ABOUT AER ENERGY RESOURCES, INC.
AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution as well as rare earth commodities sales.