Questex Overview
Questex Oil Company LLC (“Questex” or “the company”) is a Nevada Limited Liability Company that is established to enter the oil industry at a low point of worldwide oil prices. The company’s management team has the expertise and experience to operate in Mississippi and sees Mississippi as an appropriate opportunity to purchase production on a cost-effective basis compared to other parts of the country such as the Eagle Ford or Permian basin in Texas or the more expensive shale plays of North Dakota and Colorado.
Mississippi
The United States produces more than 9+ million barrels of oil per day. Mississippi produces approximately 70 thousand BOPD, ranking it in the top 15 in the United States. The company’s management team has been operating in Mississippi since 1997, and has developed a tremendous network of contacts in the state ranging from oil field service companies, state officials, and industry brokers who provide leads on deals that can be quickly researched and reviewed for a decision to invest in additional production. The management team of Questex has proven that Mississippi provides the ability for investors interested in investing in oil and gas in the United States to do so more cost effectively than other areas.
Jay Wettig
Chief Executive Officer
Mr. Wettig brings thirty years of experience in management, operations, capital markets, corporate development, and back office operations to Questex Oil. Mr. Wettig is currently an owner of a company with producing wells in Mississippi, that built its production on the cost-effective workover model of exploiting missed pay in existing wellbores. Mr. Wettig excels at building teams with the necessary skills for producing results for investors, creating financing for new projects, as well as evaluating acquisition, work-over, or drilling opportunities. Mr. Wettig has been a successful investor and operator of several companies specializing in manufacturing and oil and gas production, and oil and gas services. He possesses a far-reaching network of relationships across North America and Europe. Mr. Wettig has been an investor and managing member of Mize Energy Producers LLC, a private oil and gas production company since October 2011, and an officer of Hangtown Energy Inc., and an officer of Northcote Energy Ltd. Mr. Wettig holds a bachelor’s degree in Accounting from Wichita State University and is a Certified Public Accountant and is currently licensed in the state of Nevada.
Steven A. Gohlke
Chief Operating Officer
Michael L. Rinehart
Chief Technical Officer
Mr. Rinehart has supervised the drilling, completion, recompletion and plugging of many oil, gas and injection wells in the states of Alabama, Arkansas, Louisiana, Mississippi and Texas. Mr. Rinehart has also served as the production and drilling engineer and as engineering manager for several independent oil and gas operators. Since 2002, he has been the Member Manager of South Carlton Operating Company, L.L.C. (SCOC) in Natchez, Mississippi. SCOC is the operator of the South Carlton Oil Field located in Baldwin and Clarke Counties, Alabama. Mr. Rinehart is a member of the Society of Petroleum Engineers. Mr. Rinehart received his Bachelor of Science Degree in Petroleum Engineering from Louisiana State University, and is certified as an expert in oil and gas engineering and geology by the Alabama Oil and Gas Board, the Mississippi Oil and Gas Board, and the Louisiana Department of Natural Resources.
Ken Wittman
Chief Financial Officer
Mr. Wittman has over 20 years of accounting experience in the energy industry from publicly and privately held oil and gas companies to subsidiaries of large integrated foreign national companies in the renewable energy space. Mr. Wittman is currently the controller of the solar division of a subsidiary of one of the top three refining companies in Japan. In 2007, Mr. Wittman was an integral team member in an IPO with a company to the NYSE. Mr. Wittman has solid experience in deal structuring for acquisitions and divestitures both domestically and internationally, including bank and/or equity financing. Mr. Wittman also has a comprehensive background that includes GAAP and IFRS reporting experience, budgeting, economic modeling, SOX compliance, and treasury management. Mr. Wittman is a graduate of The Ohio State University with a bachelor’s Degree in business administration (Accounting).