CONTACT INFORMATION

1452 Hughes Rd. #315
Grapevine TX 76051
817-416-0880 fax: 817-329-6464

dalem@miesencorp.com  

Incorporation
Miesen Development Corp (MDC) was incorporated in Texas on March 18, 2002, founded by Dale Miesen, President.  Offices: 1452 Hughes Rd. #315, Grapevine, TX 76051.  

Operational History
MDC has selectively developed low to moderate risk “Proven” and/or “Probable” PUD Reserves since April 2002 in twenty (20) separate private offerings inclusive of over sixty (60) wells, to September 2007. Of these 60 wells, only 4 were dry holes.  Several have now been plugged after a period of production.  The others are either in production, completed but awaiting sales connection, or scheduled to be drilled or re-completed soon.  The company website has information posted to allow investment partners to see current or past projects at “Projects”, and to see updates, production reports and other information at “Well Reports”.   Due to securities regulations and restrictions on general advertising, you must obtain a Username and Password to access these areas.  Contact us to do so.

Private Offerings
MDC is the “Issuer” of private placement offerings (Reg. D) which are prepared by legal counsel (Secore and Waller, Dallas, TX) and filed with the SEC, and in states where a sale is made.  NASD licenses or registration are not required of MDC or its officers but all its officers have held NASD licenses and strictly abide by SEC and state regulations.   No investor complaints have ever being filed against the company. 

Corporate Officers:

Dale Miesen, President and Founder, has a BA in Psychology and Philosophy from the University of Idaho (1976). He was a treatment counselor, manager and post-grad student from 1976 to 1981. He obtained an insurance license in 1981 and, after 15 years in the insurance industry as a sales manager and financial planner, he studied private finance and venture capital. He obtained his NASD Series 7, 63 and 65 licenses with Merrill Lynch in 1997. He joined a private placement Broker-Dealer in 1998, obtained a Series 24 license, and served as the Securities Principal with the firm for three & one half years until March 2002. He founded MDC March 18, 2002 and serves as President & CEO

Thomas E. Chapman, VP and National Sales Manager, joined MDC in July 2005.  He has a BS degree from the U.S. Naval Academy (1974) and served eight active and twelve years reserve duty as a Naval aviator.  He owned a real estate development business until 1995.  He in obtained his NASD licenses (S-7, 63, 65) in 1996 while with Merrill Lynch.   Tom has a total of six years experience in the securities industry, having also worked with J.C. Bradford and RBC Dain Rauscher in DFW.

David R. Storey, Vice President of Client Relations, joined MDC in May 2005.  He attended college at Richland Community College, Richardson, TX.  He had a career in advertising print from 1980 to 1998 and went into options sales/trading in 1998.   He got NASD licensed in 2004 (S-22, 63) and has worked at private placement B-D’s in the Dallas area. 

Consultants, Counsel, Accounting and Banking:

Securities Legal Counsel: Dan Waller, Attorney and CPA, “Secore and Waller, L.L.P.”, Dallas, TX.  Mr. Waller has been preparing private placement securities offerings for over twenty years and has prepared them for MDC for the past three years.  Professional degrees: BA in Political Science-Economics, Univ. of Illinois, Champaign, IL (1973), J.D., St. Mary’s Univ. of Law, San Antonio, TX (1976).  CPA certification 1979.  He has been employed by the Texas Securities Board form 1976 to 1980, and the SEC from 1981 to 1984.  He was a Partner at two legal firms in Dallas until he and Mr. Secore formed the firm of Secore and Waller, LLP in January 1995. 

Consulting Legal Counsel: Edward M. Edson, P.C., and CPA, Dallas, TX.  Mr. Edson has a vast background in U.S. and international taxation, financial/estate planning, litigation and other specialties.  Professional degrees: A.B., Univ. of California (1969), J.D. Texas Tech Univ. (1974), M.B.A., Southern Methodist Univ. (1975), LL.M. in Taxation, NY Univ. (NY), School of Law (1978).   He now practices law independently.

Consulting Geologist: Rod Einspanier, “Einex Energy, Inc.”, Dallas, TX.  Licensed Petroleum Geologist (#1262) TX.  He has a BS in Geology from TX A&M, College Station, TX (1981) and has been a professional petroleum geologist and exploration manager with independent producers for 24 years.  He has also been instrumental in developing very prolific reserves in Texas and surrounding states.  Other geologists, engineers, geophysicists and operational firms are consulted on a case by case basis to get the best regional expertise.

Accounting: The CPA firm for corporate tax filing is Paula Jefferson and Associates, Hurst, TX.  Attn: Sue Mitchell and Jan Hardy.  The accounting firm for well revenue and operations is Clevenger and Associates, Carrolton, TX.   Attn: Nancy Clevenger, Audrey White.

Banking: JP Morgan Chase Bank holds all project funds and operating accounts for MDC.  The primary Chase Bank branch is in Colleyville, TX.   A segregated account or escrow account is set up for each offering to hold funds for drilling and completion operations per project. 

MDC Strategies:

  1. Continue to find and fund: (a) primarily reduced risk developmental oil/gas prospects in the US, with (b) Proven and/or Probable recoverable reserves that (c) offer diversification and (d) have 1 to 2 year “payout” projections with (e) at least 4 to 1 potential ROI.
  2. JV with reliable field operators that also have WI in the well prospect(s). 
  3. Acquire interest in the well prospect(s) to control the leases for development.
  4. Fund and drill the prospect(s) on a timely basis to obtain prompt results.
  5. Expand the scope of offerings to include multiple well and field development prospects and do blind pool offerings to be able to act fast on new opportunities.
  6. Eventually, expand MDC’s operational role to include field operations and/or equipment co-ownership. Or, JV, acquire or merge with an independent oil/gas company with operational capabilities and equipment to ensure controlled operations.
  7. Look for synchronous business opportunities that augment the developmental and financial capabilities of MDC such as capital sources, emerging energy technologies, tax benefits or other business developments that are profitable energy related opportunities.  

Primary Goals:

  1. Continue relationships with non-industry investment partners.  Establish new relationships with larger sources of private capital, primarily with Broker-Dealers and/or private venture capital sources, and with foreign investors.
  2. Three to five year plan:  Expand the scope and size of projects to develop U. S. oil and natural gas reserves, add select projects for synthetic and mixed fuels.  Use of coal, wood, garbage and other feed stock has a wealth of possibilities with new technology.  Precious mineral development projects primarily in the U.S.  
  3. Oil/gas properties and/or companies to be acquired and developed:  Find more high quality prospects categorized as Producing, Proven Un-Developed, Proved-Probable or have a high probability of success is the priority of MDC.  Acquiring a company that holds desirable leases and/or operations and equipment is a complementary or alternate goal.  Also, obtaining immediate income by acquiring producing wells is also a secondary goal.