Bo Ritz, Managing Director
Bo Ritz is the Founder of Inspire Value Energy Services and consulting and private equity firm focused on early-stage companies oil and gas companies. In addition to being in investment banking for over 20 years, Bo has continued to stay current with oil and gas engineering. Bo has his original BS degree from Texas A&M University in Petroleum Engineering and later returned to complete his Master’s Degree in Petroleum Engineering. Bo has an extensive network of oil and gas contacts ranging from banking clients and investors to all facets of engineering and oil and gas operations.
Bo had formerly been an owner and principal in a FINRA broker-dealer and his career began as an institutional bond trader in 1989. His experience in the securities and finance industry includes both private and public aspects on most facets of the industry with a specialization with micro and small cap financial structures. He has personally sold virtually all financial products, with a primary focus on US government mortgage-backed securities.
Having extensive experience in the securities field, Bo is in a unique position to guide developing corporations. Bo has stayed active in Texas A&M University over the years through his serviced with the Mays Business School at Texas A&M University as a board member of the Center of New Ventures and Entrepreneurship. He is also active at assisting the commercialization process for many technologies developed at the University. Bo additionally serves as a member of the Wolff Center for Entrepreneurship as a mentor at the University of Houston.
Thom Falls, Business Development
Thom Falls has thirty years experience as a financial consultant to small and medium size companies. Specializing in analysis of a company’s financial position and developing an efficient management plan. He also works with companies to develop a sound business plan to help facilitate debt and equity financing. His background in commercial banking lends to understanding a company’s financial needs.
Thom has been a financial consultant to several companies since 1980. Recently these include Blue Rock Energy Capital, LLC, Houston, Texas; Lotus LLC, and Snow Oil and Gas, Andrews, Texas; MCG Drilling, LLC, Archer City, Texas; Barron Energy, New Braunfels, Texas; Reh Oil and Gas, LLC, Pratt, Kansas; Circle M Welding and Services, Inc., Snyder, Texas; Green Country John Deere, Tulsa, Okla. He is a founding stockholder, member of the board and Chief Operating Officer of the Native American Television Network based in Las Vegas, Nev. He has developed financial and marketing plans for such companies as: Green Country John Deere, Tulsa, Okla.; The Studios at Las Colinas, Dallas, Texas; Ranch Studios, Austin, Texas; Studio 41, Albuquerque, New Mexico.
Currently, he serves on the Advisory Board and is Adjunct Professor to the MBA program in Sports and Entertainment at the University of Dallas, Irving, and Texas.
He is a graduate of Texas Technological University, BS and MS degrees. He attended The Ohio State University, Columbus, Ohio and Texas A&M University, Ph.D program. While at Texas A&M, he served as an aide to U.S. Representative Bob Poage, Chairman of the House Agriculture Committee. He graduated from the National Commercial Banking School, Oklahoma University and qualified for the Series 63 Securities license.
Ron Wefelmeyer, Petroleum Engineer
Ron Wefelmeyer has over thirty years’ experience in oil & gas acquisitions, well completions, drilling, environmental, exploration, production and reservoir evaluation with significant management, mentoring and well site supervision skills. Has worked on wells all across the United States from the shallow mid-continent reservoirs to the complex deep, high temperature and pressure Gulf Coast formations. Possesses the cross discipline skill to identify, analyze and timely render solutions to problems that overspecialized single discipline engineers fail to recognize. Has been disposed as an expert witness in legal and regulatory affairs.
Specializes in the analysis of correcting problem petroleum assets. Understands the physical limits of the old technology used in the past for identifying petroleum reserves and finds new opportunities in mature properties. Thoroughly evaluates all available data in each petroleum venture to minimize risk. Has the experience to recognize the economics of using older methods of recovery that have been forgotten in the current curriculum. Also has the ability to communicate and inform non-technical individuals of the complexities in oil and gas operations that are difficult to understand. Uses these talents to motivate all office and field personnel to perform at their maximum levels.
Ron attended the University of Tulsa on a football scholarship and earned a Bachelor of Science degree in Petroleum Engineering in 1978. He spent two years (1979 & 1980) at Mitchel Energy evaluating all their open logging. He also worked in their massive hydraulic fracture program. This technology was later used for the framework in developing the Barnett Shale which was the first unconventional resource play. He spent eight years working as a Reservoir Engineer for Miller & Lents, Ltd evaluating wells all over the United States on an annual basis. He was the lead engineer for determining reserves in the Total Minatome $615 million acquisition of CSX Oil and Gas in 1988. He has been an independent petroleum consultant since 1989 and has participated in multiple oil and gas ventures. Since 2001, he has been retained by Pioneer Exploration, LLC to manage all their legal and special production problems. He also certifies the compliance of the new federal offshore standards implemented in 2010. He is a registered professional engineer in the state of Oklahoma and elected board member of Brazoria Municipal Utility District 22.
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