NeoTek Energy Inc.™ Adds Industry Veteran as VP in Preparation for Product Launch

PLANO, Texas, Oct. 11, 2016 (GLOBE NEWSWIRE) -- NeoTek Energy Inc.™ today announced that Dr. Lanny G. Schoeling, former Vice President of Engineering and Technical Development for Kinder Morgan CO2 Company, has joined NeoTek Energy as the Vice President of Oilfield Innovation, reporting directly to CEO Charles Stuewe.

As VP of Oilfield Innovation, Dr. Schoeling will be overseeing the implementation and integration of NeoTek’s technology into the oilfield. “As a very well-respected oil industry executive, Lanny will play a pivotal role in the leadership of our oilfield intelligence team,” said Stuewe. “He sees the positive impact our technology will have on the Oil and Gas industry, which is why he decided to join NeoTek after his retirement from Kinder Morgan.”

“Throughout my 35 years in the industry, I have been looking for this kind of sensor technology to provide us instant 3 phase flow data with the potential for speciation of molecules at a cost affordable to operators. In my opinion, this sensor technology has the potential to revolutionize the industry,” said Schoeling.

Before joining NeoTek Energy, Dr. Lanny Schoeling was Vice President of Engineering and Technical Development for Kinder Morgan CO2 Company. Prior to working at Kinder Morgan, he was the Chief Reservoir Engineer for Unconventionals at Shell E&P, responsible for developing and managing the Commercial Reservoir Development Team. He holds a Doctorate of Engineering in Petroleum Engineering and a Masters of Science in Chemical Engineering from University of Kansas and a Bachelor’s of Science in Chemistry from Pittsburg State University. In addition to several dozen oil industry publications, Dr. Schoeling holds 27 granted patents in this field. Dr. Schoeling has also served in the U.S. Army.

NeoTek Energy, Inc. is a provider of production intelligence solutions to the Oil and Gas Exploration and Production (E&P) industry. NeoTek Energy, Inc. provides continuous, real-time, actionable information on the flow of individual chemicals to oil and gas companies enabling significant improvements in productivity – More Oil, Less Cost.

Contact: Dan Joseph +1 469-206-0792

Source:NeoTek Energy Inc.