Quantum Energy, Inc. reported that Neil Amondson has been selected as the new President of Quantum and named a member of the board of directors.
Stan Wilson, Quantum's Chairman of the Board, commented: "Neil Amondson is a most welcome and valuable addition to the Quantum team as a local Williston presence with a proven Bakken track record. Neil's execution in aggregating the 400 acres for the $150 million plus NorthStar Transload currently under construction in East Fairview, North Dakota, makes him the ideal fit for Quantum's multiple Energy Center plan for the Bakken. As a principal in one of the largest rail transload facilities in North Dakota, Neil has the demonstrated know how, experience and relationships we have been looking for at Quantum. More importantly, Neil's career path of real estate development, public service and political success is just the right mix for Quantum's ambitious agenda."
Mr. Amondson organized and directed Quantum's recent investors meeting in Bismarck at the offices of Quantum's strategic alliance partner, Bilfinger Westcon.
Neil Amondson, has a diverse and distinguished resume that includes serving as the Principal and founder of HUNTER LIGHT -- an aggregate resources and project development firm. Amondson also serves as co-Founder and VP of NorthStar Transload (under construction) to be one of the Bakken's largest rail transload facility for crude oil and proppants, located in East Fairview, North Dakota. Mr. Amondson has been involved in all aspects of the real estate development spectrum. As a former Washington State Senator for SW Washington (1987-'94), Amondson has a "hands-on" understanding of the land use arena from both a regulatory and developer perspective. With experience in civil construction throughout the western United States, Amondson has served in a variety of capacities including Gen. Manager of one of the largest Urban Growth Area (UGA) expansions in Washington State history. Key to Amondson's most recent Bakken success, is the ability to bring diverse stakeholder opinions and objectives into a consensus based direction. Dedicated to positive outcomes, Neil Amondson pursues projects that bring value and creative opportunities to investors.
Amondson said: "I am honored to be asked to serve as President of Quantum. Quantum's vision is a game changer in the energy markets of the Bakken and our Nation. By providing real time solutions to local markets, both agriculture and industry will benefit from cost savings of which we all can be proud. We invite everyone who has worked so hard to get the Bakken to the forefront of the energy world to join us in returning independence and pride to our homeland."
Williston Basin News

Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…

Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…

Vitesse Energy, Inc. First Quarter 2023 Results
Vitesse Energy, Inc. announced first quarter 2023 results. Highlights Completed spin-off from Jefferies Financial Group Inc. (the "Spin-Off") and closed the acquisition of Vitesse Oil, LLC on January…

Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix…

ExxonMobil Fourth Quarter, Full Year 2022 Results
Exxon Mobil Corp. reported its fourth quarter and full year 2022 results. Exxon announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in…
