30-Year Engineering Veteran with Extensive Commercial Oil and Gas Transaction Experience Appointed Director of SEER
GOLDEN, Colo., Aug. 13, 2018 (GLOBE NEWSWIRE) -- Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), a provider of environmental, renewable fuels and industrial waste stream management services, has appointed Scott Yenzer, corporate development officer of Blackeagle Energy Services, to its board of directors. The appointment is part of SEER’s ongoing effort to enhance and expand its industry expertise and provide a better balance of corporate governance and responsibility. Mr. Yenzer’s extensive engineering and management background will bring strong and new perspectives to the company’s management team.
Mr. Yenzer has decades of domestic and global experience in management roles in some of the world’s largest engineering companies. He also brings practical, hands-on talent in growing diverse businesses in up and down cycles. Currently Mr. Yenzer serves as Corporate Development Officer at Blackeagle Energy Services and prior to this, COO and co-owner of Caribou Energy Corporation, which was sold in 2017.
Prior to Caribou Energy, Mr. Yenzer was vice president of Jacobs/CH2M, responsible for developing Enterprise Account Management on the executive committee for all business groups: Oil Gas and Chemicals, Environmental & Nuclear, Water, Infrastructure and Power. He built the successful Oil Gas and Chemicals Global Strategic Account Team which included BP, ExxonMobil, Shell, Conoco, Hess TransCanada and Noble. Lead development of uniform account plans and strategies for account growth while leveraging across markets. Lead the BP global relationship worth nearly $500 million in revenue per year to the enterprise and won the Global Maintenance Program with annual budget of $800MM. Started and grew the TransCanada relationship to tens of millions of secured gross revenue & $1.2B in services opportunities. Chartered to grow the relationships across all markets while increasing value to clients.
Prior to Jacobs/CH2M, Yenzer was program manager at Jacobs and tasked to grow the mining business as well as build Potash and Soda Ash business. Grew this chemical business from startup to executing multiple projects valued up to $170MM. As part of the role to rebuild the alliance relationship at Suncor refinery, Mr. Yenzer changed the alliance model to integrate refinery operations personnel as per other successful Jacobs alliances. This alliance was responsible for approximately $200MM of annual capital project installation, engineering, maintenance and construction. During his tenure, Mr. Yenzer was also Director of Business Development at Jacobs Western Region. Responsibilities included building relationships with ExxonMobil, BP North America Gas, BP E&P Globally and Shell Onshore Upstream, North America. Mr. Yenzer grew the Golden, Colorado office from 250 to 400 personnel in an industry down turn from ’08 to ‘10 until moving back into Operations. Successfully charted direction for the office to grow in diverse markets such as Mining, Pharma Bio, Oil and Gas, Food and Beverage, and Alternative Fuels. Director of Operations and General Manager, Middle East - 2004 to 2008, living in Saudi Arabia. Assumed P&L responsibility while building from 5 to over 650 employees and exceeded Saudi National employment percentage goals. Identified and lead acquisition of a 400-person company; the first M&A where a foreign company acquired a majority share of a Saudi engineering company that entailed over a year process of due diligence, negotiations and Saudi law changes as a result of WTO recent membership, driven by this acquisition. Presided over $10.5 Billion projects for industrial, upstream, pipeline/midstream, downstream & mining projects, Including Hawiyah, Manifa, Yanbu, Al Jalamid, etc.
Prior experience also included ABB Lummus where Mr. Yenzer was Program Management Consultant to Saudi Aramco - Offshore Projects, including $500 Million Safaniya Development 2003 – 2004. Project Director, Khuff Condensate Program for Saudi Aramco responsible for FEED development, detail design, construction and commissioning, from 1999 to 2003, $400 Million. Over 10 million safe man-hours, 20% under budget and three months ahead of schedule. Mr. Yenzer also was company representative for Saudi Arabia - Project Leader for Ras Tanura Refinery Upgrade at Brown and Root (KBR) responsible for close out of all project issues on this $2B project. Lead $300 million re-instrumentation “Package 5”, design and installation of Refinery Management System and infrastructure. Project Engineer responsible for multiple projects in engineering and construction phases: Early works, offshore piers, demolition, bridges, blast proof control rooms, laboratory of the year winner, remediation, environmental land farm, communication packages, trunk radio, telecom, LAN, process simulators. Lead Civil Structural Engineer North Slope Alaska projects: Pipelines and module design and implementation programs. Lead standard and procedure alignment post Brown and Root acquisition of SF Braun.
“I pursued and welcomed the opportunity to join the SEER Board of Directors where I believe the company is at an important inflection point in its growth,” said Mr. Yenzer. “Over a decade ago, my colleague at Jacobs, and former head of the EPA, introduced me to Mr. Combs when I returned from running the Middle East operations for Jacobs. Since then, there have been several intersections in our businesses and interests. One of which was is the biomedical waste space where Paragon has been developing a new innovative technology that is changing the industry with its patented technology. Another is the patented V3RU oil field technology that I believe has tremendous potential in the U.S. oil and gas fields. The tenacity of SEER’s management, and the development and marketing of these technologies is what attracts me to join and contribute to the future success of SEER. My strengths of global relationships and operations growth plans, will complement and accelerate the company’s current and future growth strategies,” concluded Mr. Yenzer.
“SEER is and will continue to enhance its management team to best exploit and leverage its growing IP portfolio and maximize the opportunities that are currently being presented to the company, both domestically and internationally,” said John Combs, CEO of SEER. “We met Mr. Yenzer over 10 years ago when he was at Jacobs and responsible for overseeing one of our service projects on a large Denver refinery. We are very pleased he will be joining the company’s board of directors. He brings new and imminent opportunities and talents that will enhance SEER’s performance and potential, particularly in foreign markets. We welcome him to the board and look forward to immediately implementing new growth and technology roll out plans,” concluded Combs.
About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), identifies, secures, and commercializes patented and proprietary environmental clean technologies in several multibillion dollar sectors (including oil & gas, renewable fuels, and all types of waste management, both solid and gaseous) for the purpose of either destroying/minimizing hazardous waste streams more safely and at lower cost than any competitive alternative, and/or processing the waste for use as a renewable fuel for the benefit of the customers and the environment. SEER has three wholly-owned operating subsidiaries: REGS, LLC; MV Technologies, LLC and SEER Environmental Materials, LLC; and two majority-owned subsidiaries: Paragon Waste Solutions, LLC; and ReaCH4biogas ("Reach"). For more information about the Company visit: www.seer-corp.com.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates," and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. Statements in this press release regarding future performance or fiscal projections, the cost effectiveness, impact and ability of the Company's products to handle the future needs of customers are forward-looking statements. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
Released August 13, 2018