CONTACT INFORMATION
817-416-0880 ext.11, fax 817-329-6464, cell 817-715-0338
Miesen Development Corp, MD Partners, Inc.
1452 Hughes Road #315, Grapevine TX 76051
Website: www.miesencorp.com Email: dalem@miesencorp.com
Miesen Development Corp: Mission Statement
Miesen Development Corp (“MDC”) was incorporated in Texas by Dale Miesen in March 2002 to primarily develop domestic "proven reserves" of minerals, and specifically for oil and natural gas. MDC aims to provide alternative investment opportunities that can provide strong income and tax benefits with moderate risk. The increasing demand for energy and unique tax benefits for domestic drilling and development, of up to 100% write-off, and additional income streams from producing wells have distinct appeal to many investors. Non-industry investors need an offering basis that allows a level of participation that is “suitable” and in which all technical and geological issues have been analyzed, and operational and reporting aspects are managed by the Issuer (MDC) and contracted associates. Additionally, royalty interest in mineral rights offerings are being considered for a very low risk investment with attractive income potential. Finally, gold and other precious minerals development opportunities are being considered for a hedge against currencies and inflation.
Dale Miesen, President and Founder, age 55, received 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 and manager with the firm for three & one half years until March 2002. He founded Miesen Development Corp (MDC) as a Texas corporation on March 18, 2002 and serves as President & CEO. Mr. Miesen has been a member of the MENSA organization since 1980. He and his wife Karen have been married 26 years and they have three children, ages 18 to 23.
Operational Objectives
Miesen Development Corp (MDC) selectively develops low to moderate
risk “Proven Un-Developed” (PUD) and/or “Probable” Reserves of natural gas
and oil primarily in TX, OK, LA. MDC has Issued twenty seven (27) separate
private offerings for both single and multiple well packages since April
2002. Less than 10% have been dry holes, and several have now been plugged
after a period of commercial 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
periodically 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
of the website. Please contact us directly or by email to provide certain
information that would then allow us to disclose private offerings to a
prospective investor. All phases and elements of research, oversight and
management for project formation, the offering, execution and management are
the responsibility of the private placement Issuer, MDC.
Private Offerings
MDC is the “Issuer” of private placement offerings in the US (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. Offering(s) have
also been made for Germany (Reg. S). FINRA licenses or registration are
not required of MDC or its officers but all its officers have held FINRA/NASD
licenses and strictly abide by applicable securities regulations. All
phases and elements of research, oversight and management for project
formation, the offering, execution and management are the responsibility of
the private placement Issuer, MDC. To date, MDC has issued twenty seven
(27) private development projects and is currently offering a six well
project in south Texas targeting natural gas reserves.
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.
The accounting firm for well revenue and operations is
Clevenger and Associates, Dallas, TX. Attn: Nancy Clevenger.
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
- 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.
- JV with reliable industry operators or oil/gas companies that also have WI in the well prospect(s).
- Acquire interest in the well prospect(s) to control the leases for development.
- Fund and drill the prospect(s) on a timely basis to obtain prompt results and return on investment.
- Expand the scope of offerings to include multiple well and field development prospects and pooled funds offerings to be able to act fast on new opportunities.
- Look for synchronous business opportunities that augment the developmental and financial capabilities of MDC such as capital sources, emerging energy technologies or other business developments that are profitable energy related opportunities.
Primary Goals
- Ongoing: Continue relationships and growth 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.
- 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. Promote New Technologies to utilize coal, wood, garbage and other feed stock for bio-fuel production. Promote precious mineral development projects primarily in the U.S.
- 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.