Wentworth Oil Sands CEO Announces Expert Team
March 23 2006 - 8:07AM
Business Wire
EXPERT TEAM ASSEMBLED TO COMMERCIALIZE OIL SANDS TECHNOLOGY
Wentworth Energy, Inc. (OTCBB:WNWG) reported today that Wentworth
Oil Sands CEO Roger Williams has announced the management team who
will join him in the commercialization of the Petromax Oil Sands
technology. "We are fortunate to have assembled an aggressive and
nimble management team with decades of industry experience,
tremendous technical knowledge, and the business acumen to
commercialize and market the patented Petromax Oil Sands separation
technology," Williams said. "We need to get off to a fast start and
we have a lot of work to do. I am confident this strong nucleus
will enable Wentworth Oil Sands to make a significant impact in the
oil sands industry." "The selection of these outstanding and
seasoned professionals, in addition to the recent appointment of
Dr. David Sego as Executive VP of Technology, will result in a
faster ramp-up of the Company's efforts to introduce our Oil Sands
technology to the international oil and gas markets," stated
Williams. NEW MANAGEMENT TEAM Gord McDougall - President & COO
Gord's background and experience as a corporate leader and creative
thinker has led him to the development of several technology and
energy-oriented projects and companies in recent years. As a senior
management consultant with over 20 years' experience in strategic
planning and development, venture capital fundraising, as well as
corporate restructuring and repositioning, he has headed many
business acquisitions and successfully led companies through the
process of becoming publicly traded. Gord is passionate about the
future of the energy sector and is dedicated to the success of
Wentworth Energy, Inc. and its subsidiary Wentworth Oil Sands, Inc.
Barry Rosengrant, Founder of Petromax Barry founded Petromax
Technologies LLC when he learned of the serious and costly sludge
waste handling problem impacting oil refineries. After determining
the potential market was approximately $1 Billion per year in the
U.S. alone, he retained a nanomolecular scientist to develop a
product to dramatically reduce sludge removal costs as well as to
eliminate costly remediation steps once sludge is out of the tank.
The series of products, all of which change the interface between
hydrocarbon molecules and inorganic surfaces, now make up a
complete Petromax line having worldwide applications in refinery
and production sludge remediation, downhole oil well stimulation,
and especially in Oil Sands production and remediation of existing
Oil Sands waste ponds. A successful entrepreneur and marketing
specialist, Rosengrant founded and subsequently sold the leading
corporate facilities firm in California, which under its new name
of Cresa Partners is now international in scope and grossed over
$5.8 billion last year. Sid Jaycock, B.E., P.Eng. - VP of
Engineering Sid is an independent Oil Sands development consultant,
President of TDI Projects and acting CEO of NiSands Limited, a
company formed for Nigerian Oil Sands development. Sid brings a
wealth of Oil Sands experience including positions as Equipment
Application Engineer working with the development team of Cities
Services Athabasca Ltd. (forerunner of Syncrude); Process Equipment
Supplier to GCOS (Suncor) through Bechtel Corporation; Manager of
the Industrial Engineering Division of Associated Engineering
Services Ltd. (AESL) and Vice-President of AESL; Consultant to Esso
(Exxon) as Project Engineering Manager for the conceptual
development of a 100,000 Bbl/Day in-situ Oil Sands recovery
project; Lead Mechanical Engineer and Corporate Engineering Manager
for AESL during detailed design of Syncrude's 125,000 Bbl/Day Oil
Sand extraction plant facilities; Senior Vice President of
Associated Pullman Kellogg Ltd.; President of Techman/Loram Ltd.;
and Founder of TDI Projects Inc. specifically targeted for the
creation of ownership-technology partnerships for the development
of smaller scale Oil Sands projects. Earl St. Denis, BSc, MSc, PhD
- VP of Process Design Earl has over 30 years of project
development engineering experience in Canada and offshore. As a
consultant for the past eight years, St. Denis has specialized in
program and process evaluations for oil and mining operations
including process options for small-scale Oil Sands facilities.
Recently he served as Manager of Metallurgy during the development
phase of a $1.4 billion 50,000 t/y acid pressure leach lateritic
nickel mine and refinery in Cuba. St. Denis has also worked as
Technology manager in the development of processes for tar sands as
well as coal and heavy oil upgrading and he holds two patents in
this field. Previously, he was Vice President of Research and has
held other management positions in several major Canadian R&D
organizations. Dr. Geoff Dolbear - VP of Research & Development
Geoff is a process chemist with 34 years of industrial experience,
and more than 10 years as principal of G.E. Dolbear &
Associates. In his career, he has developed catalysts and processes
for several petroleum refining applications. His work in coal
chemistry includes a project to develop a process for manufacturing
polymer-grade terephthalic acid from coal. He is an internationally
recognized expert on hydroprocessing of petroleum, and the
chemistry and reactions of residual oils. He is co-author with Dr.
John Magee of the well-received book, Petroleum Catalysis in
Non-technical Language. Dolbear is listed as the inventor on seven
U.S. Patents. He also serves as Execute VP of Technology for
Petromax Technologies, LLC and has been instrumental in the
research, development and application of the Petromax technology
for solving sludge and heavy oil problems. Randy Brawn - VP of
Technology Application Randy brings 25 years of oil industry
refining and operational experience to Wentworth Oil Sands. As a
line manager with Ultramar/Valero (the nation's leading oil
refiner), he had "Special Assignment" responsibilities including
full responsibility for multimillion-dollar refinery projects such
as Ultramar's major five-year Clean Fuels Project. His active
leadership role on various projects and group assignments saved
Ultramar millions of dollars. Randy is also COO of Petromax
Technologies, LLC and has worked very closely for the past five
years with the Petromax nanomolecular development team in applying
the Petromax platform of chemical formulations to sludge
remediation and clean-up of refinery and production wastes. His
hands-on problem-solving approach and keen insight into the
physical and chemical properties of heavy hydrocarbons has been
invaluable in early applications of the Petromax technology to Oil
Sands extraction and remediation of emulsified Oil Sands tailings.
Terry Ratajesak - VP of Field Operations Terry has over twenty
years of experience in transportation and facilities operation
management for the petroleum recycling industry. During that time,
he served as Production Operations and Special Projects Manager for
DK Environmental. He was responsible for maintenance, purchasing,
materials processing, liquid solidification shipping for disposal
by truck or rail, and a metals recycling program. Overseas
processing included handling of RCRA & non-RCRA materials to
include liquid solidification and shipping and receiving. Terry
also worked with Asbury Environmental as a Sales Manager,
supervising business development to establish waste management
contracts with dealerships, government facilities, and other
waste-related oil industry companies. Terry also worked for
Petroleum Recycling Corporation (PRC) and Aztec Oil, serving as
Plant Manager. After merging with Aztec Oil, PRC became the largest
West Coast TS&D facility and transportation source in the
industry with 200 employees, three sales divisions, and annual
sales of $11 million. John Anderson - VP of Business Development
John brings over 15 years of experience in the environmental field
to the Management Team. He is a Principal in Meredith &
Associates, an environmental consulting firm based in Los Angeles.
As an active Partner, he was responsible for project management,
business development, client relations, administration, and
recruiting and human resources management. Past experience includes
a senior management role starting Partsamerica.com, Advance Auto
Parts and CSK Auto's internet sales partnership. John also served
as Director of Risk Management and Regulatory Affairs for the
world's largest retailer of swimming pool supplies. As a Doctoral
Fellow at RAND Corporation, John contributed to several projects
relating to the development of innovative environmental
technologies. About Wentworth Oil Sands, Inc. Wentworth Oil Sands
is a joint venture between Wentworth Energy, Inc., and Petromax
Technologies, LLC. Formed to develop Oil Sands projects, the joint
venture has exclusive rights to the Petromax hydrocarbon separation
technology for Oil Sands and several other specific commercial
applications including the marketing rights for Petromax in
emulsified Oil Sands tailings remediation, and further rights to
market the technology in Canada and the United States including use
in the stimulation of oil and gas wells, tank sludge cleaning
projects and oil pipeline transportation. About Wentworth Energy,
Inc. Located in Forth Worth, Texas, Wentworth Energy, Inc. is a
diversified energy company focused on the responsible development
of America's natural resources while driving to maximize
shareholder value. Wentworth Energy will apply innovative
technologies toward the discovery and development of a diverse
portfolio of high-value, low-risk energy projects such as the
Company's opportunities in the Oil Sands of eastern Utah, the
prolific oil and gas fields of the Gulf Coast, and the East Texas
gas play. Wentworth Energy trades under the ticker symbol WNWG. For
more information on the Company visit www.wentworthenergy.com. This
news release contains forward-looking statements that are subject
to certain risks and uncertainties that may cause actual results to
differ materially from those projected on the basis of such
forward-looking statements. Such forward-looking statements are
made based upon management's beliefs, as well as assumptions made
by, and information currently available to, management pursuant to
the "safe-harbor" provisions of the Private Securities Litigation
Reform Act of 1995.
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