Advantage Midstream, based in Dallas, Texas, is a midstream and marketing company focused on applying advanced GTL conversion technology to produce premium liquid fuels from natural gas resources across North America. Advantage offers producers and processors tailored solutions for natural gas and natural gas liquids in areas that are geographically constrained or lacking proper infrastructure.
Gas-to-liquids (“GTL”) processing has been around for decades. As advancements in technology have allowed E&P companies to extract larger amounts of hydrocarbon deposits from our Earth’s minerals, the same can be said for the evolution in GTL solutions.
Through our partnership with Greyrock Energy, Advantage will deploy proprietary Direct Fuel Production systems, unlike the older GTL processes, that can operate economically in significantly lower oil environments.
Who We Are
Mr. Stephenson has been the founder and CEO of several oil and gas companies focusing efforts on acquiring, developing and monetizing midstream and E&P assets in multiple energy basins in the US. Most recently, he was the CEO of Formula Midstream Partners and StarMex Midstream, both South Texas oil gathering companies in the Eagle Ford Shale (2011-2016). In 2010, John founded and became the CEO of Valor Petroleum with 3 other individuals, acquiring E&P assets in the Eagle Ford Shale South Texas and the Mississippi Lime formation in Oklahoma (2010-15). Since 2010, Mr. Stephenson has successfully led teams in the acquisition monetization of assets with ROI’s between 4 and 18x’s. Mr. Stephenson’s career began at Deephaven Capital Management, a $6B multi-stragety hedge fund from 2000-2009. In 2008, John and his Event Arbitrage group were awarded the prestigious EuroHedge Award for best performance in class, returning over 17% to investors. John holds a BS in Finance and Accounting from the University of Colorado at Boulder.
Most recently Mr. Nelson served as Chief Commercial Officer and Vice President of Business Development, Sales and Marketing for Greyrock Energy, where he lead the commercial launch of Greyrock technology into various industry applications. Prior to Greyrock, Charles served in various business and corporate development roles at MarkWest Energy Partners including the creation of the Utica condensate and light oils division, overseeing various acquisitions and early involvement the Marathon/MarkWest discussions (MarkWest was acquired by MPLX for $16B). In addition, Charles served in active project management and operational liaison roles to integrate new business units into existing operations. Before joining MarkWest, Charles worked as a sales engineer and project pursuit manager for refinery projects in North and South America, Latin America, Canada, Europe for Emerson Process Management. Charles holds a degree in Chemical Engineering from Iowa State University.
Herb Van Bloemen Waanders
Scott BradfordScott Bradford serves as Vice President of Finance for Advantage Midstream. Scott brings over 20 years of corporate finance experience across multiple industries, including energy, power, manufacturing, and technology. Prior to joining Advantage, he was the Chief Financial Officer of Titanium Exploration Partners, a private equity-backed E&P company that raised over $500 million in capital focused on premier basins in Oklahoma and Texas. As CFO Scott was responsible for all aspects of finance, accounting, M&A, hedging, treasury, and financial reporting. Before joining Titanium, Scott was an investor for two hedge funds, and was a Vice President in the Investment Banking division of Goldman Sachs. Prior to earning an MBA, Scott worked in private equity and investment banking. Scott has an MBA in finance from The Wharton School, University of Pennsylvania, and a BBA in finance and a Bachelor of Accountancy from the University of Oklahoma.
Seth Whittlesey serves as Controller for Advantage Midstream. Seth brings 10+ years of progressive accounting experience at private equity backed midstream oil and gas companies. Prior to joining Advantage, he was the Assistant Controller of Solaris Midstream where he was responsible for all aspects of accounting, financial reporting, treasury and internal controls. Solaris Midstream is a Midland and Delaware basin water focused midstream company. Before joining Solaris, he worked as the Lead Accountant at Caliber Midstream and DCP Midstream as a Staff Accountant. Seth is a Certified Public Accountant in the state of Colorado and graduate with a Masters and Bachelor’s of Accountancy from the University of Denver.
Herb Van Bloemen WaandersHerb Van Bloemen Waanders serves as the Senior VP of Engineering to lead the engineering and project group (EPC). He has over 30 years of Oil and Gas industry experience and has diverse project global background in the Downstream refining sector, Midstream, and GTL. He has extensive experience in Engineering, Project Management, and leading Capital programs in the capacity as an owner (ConocoPhillips, EXCO/TGGT Midstream) and as an EPC contractor (Bilfinger, KBR, S&W). He has worked previously for Greyrock as VP of Engineering to lead their engineering and fabrication for the P450 project and very familiar with the Greyrock proprietary design. Herb has a BSME from Texas Tech University, Texas PE Licensed with a certification as a PMP.
Lucas Marr is the Vice President of Engineering for Advantage Midstream. Lucas has 10+ years of experience in engineering, manufacturing, and operations. He began his career with Air Liquide manufacturing, installing, and operating small scale Steam Methane Reformers in the US and Mexico. After leaving Air Liquide, he worked as a subsea equipment engineer at FMC Technologies. Lucas holds a BS in Mechanical Engineering from Rice University.
Mariela SanojaMariela Sanoja serves as Vice President of Process Technology for Advantage Midstream. Mariela brings over 17 years of experience in gas-to-liquids (GTL) working in the energy industry on various research, development and engineering projects across multiple organizations. Prior to joining Advantage, she was Vice President of Engineering for Greyrock Energy, which is Advantage partner and liquid fuel production technology licensor; Mariela led their first medium size plant to successful operation. During her career Mariela has been responsible for developing projects from inception through final delivery, including research and development, conceptual development, business development, full engineering, construction, commissioning, startup, plant operation and optimization. Mariela has a PhD in Chemical Engineering from the University of Pittsburgh, and a B.S. in Chemistry from Universidad Central de Venezuela.
Clint DewellClint Dewell is the Vice President of Operations for Advantage Midstream. Clint has 12 years of technical experience specializing in Gas To Liquids (GTL). He has worked as a dedicated and effective leader in chemical processing and data analysis for the GTL sector. Before joining Advantage Midstream, he led production plant operations and management of quality assurance programs for Envia Energy. Clint holds a Bachelor of Science in Biochemistry from the University of Oklahoma.
With the backing of a global private investment firm that manages more than $13 billion in assets, Advantage is deploying a multi-basin, distributed processing strategy producing premium refined products from natural gas. Advantage Midstream has a direct partnership with Greyrock providing us an advantage, unique to us, translating into additional value to the producer. With the goal of utilizing conventional midstream solutions in conjunction with Greyrock technology, Advantage seeks to solve areas traditional infrastructure cannot address.
Greyrock Energy Inc is a leading edge gas processing technology and equipment provider. Greyrock’s patented Direct Fuel Production (DFP) systems can convert a variety of feedstocks into diesel fuel and gasoline through use of the GreycatTM catalyst and reactors.