Richard R. Lonquist, P.E., Chairman
Dick Lonquist founded Lonquist & Co. LLC in September 2005. He has more than 36 years’ experience in petroleum engineering, underground storage engineering, mining engineering and financial consulting services for energy production, transmission and storage companies, banks, trusts and institutional investors.
Education
Texas A&M University (USA) 1988
Bachelor of Science in Petroleum Engineering
Previous Positions
Hite, McNichol & Lonquist, Inc.
Austin, Texas, USA
[July 2001 to October 2005]
Vice President Responsibilities included evaluation of oil, gas, shale and coal seam gas properties, gas storage engineering, hydrocarbon liquids storage and gas supply studies on both a domestic and international basis.
Capital Minerals, LLC
Austin, Texas, USA
[March 2000 to July 2001]
President & CEO Capital Minerals, LLC, was the mineral and royalty acquisition subsidiary of Sandefer Capital Partners, L.P. Responsibilities included management of $100 million of equity acquisition capital. Property base included minerals and royalties in 19 states and 200 counties.
Huddleston & Co., Inc.
Houston, Texas, USA
[September 1991 to March 2000]
Vice President Responsibilities included evaluation of oil, gas, coal seam methane gas and gas storage properties, both domestic and international. Prepared evaluations for major and independent oil and gas companies, pipelines, financial institutions and institutional investors. Provided direct technical and business advisory support services to institutional investors. Also provided reports, exhibits, technical support and expert testimony for State and Federal Courts in the U.S. and Canada.
Peter Paul Petroleum Company
Houston, Texas, USA
[September 1991 to March 2000]
(Affiliate of Huddleston & Co., Inc.)
Vice President Lafitte Energy, Ltd., engaged in 3-D seismic-based exploration with operations in Texas, Louisiana, Oklahoma, and California.
Vice President Louisiana Minerals, Ltd. and California Minerals, Ltd., a fee mineral owner with holdings of 275,000 and 225,000 net mineral acres in 22 counties in California.
Pennzoil Exploration & Production Co.
Houston & Carthage, Texas, USA
[January 1989 to September 1991]
Area Engineer Responsibilities included supervision of drilling, workover, and completion operations in East Texas and North and Central Louisiana.
Acquisition Engineer Responsibilities included reservoir engineering, due diligence, economic analysis and bid formulation for the acquisition of producing properties from $5 million to $900 million.
Dowell – Schlumberger, Inc.
Glenville, West Virginia, USA
[May 1988 to January 1989]
Supervised cementing, fracture treatments and acidizing operations in the Appalachian and Michigan basins.
Professional Registration and Societies
Registered Professional Engineer (Texas No. 73008)
Society of Petroleum Engineers
Society of Petroleum Evaluation Engineers
American Society of Mechanical Engineers
Kilgore College – Petroleum Technology Advisory Committee 2005 – 2006
Solution Mining Research Institute
Southern Gas Association
Society of Independent Professional Earth Scientists
Petroleum Engineering Department Industry Board, Texas A&M University 2013 – Present
Petroleum Ventures Program Advisory Board, Texas A&M University 2016 – Present