1 hr 4 min
Miguel Peña - President & CEO, TenEx Technologies YPE Podcast
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- Business
Miguel Peña is an entrepreneur and President & CEO of TenEx Technologies, a full-service laboratory, logistics, and service company focused on developing innovative chemical technologies that improve oil recovery. In this episode, host Mark Hinaman chats with Miguel about the company and his views on the energy industry as a whole.
Show Notes:
00:30 Miguel's introduction to the oil & gas field and the genesis of TenEx Technologies
03:10 Business opportunity in the chemical space vs. frac sand space
06:45 Miguel's background as an entrepreneur
12:35 Buying and operating mines in Florida and Nebraska
22:20 Lessons learned about growing his mining business
24:30 Handling the Great Recession and the first price shocks from the shale revolution
30:35 The painful process of exiting the frac sand business
34:50 Developing a strategy to transition to TenEx
38:05 Technical discussion of the first TenEx product, NanoClear
45:00 Additional products in TenEx's catalog
49:45 Miguel's concerns for the energy industry; future goals and areas of focus for TenEx
53:25 Future goals and areas of focus for TenEx
55:05 Miguel's advice for young professionals in energy
62:15 Where Miguel sees the energy industry in the future
Miguel's LinkedIn: https://www.linkedin.com/in/miguel-pe%C3%B1a-3160b91/
Miguel Peña is an entrepreneur and President & CEO of TenEx Technologies, a full-service laboratory, logistics, and service company focused on developing innovative chemical technologies that improve oil recovery. In this episode, host Mark Hinaman chats with Miguel about the company and his views on the energy industry as a whole.
Show Notes:
00:30 Miguel's introduction to the oil & gas field and the genesis of TenEx Technologies
03:10 Business opportunity in the chemical space vs. frac sand space
06:45 Miguel's background as an entrepreneur
12:35 Buying and operating mines in Florida and Nebraska
22:20 Lessons learned about growing his mining business
24:30 Handling the Great Recession and the first price shocks from the shale revolution
30:35 The painful process of exiting the frac sand business
34:50 Developing a strategy to transition to TenEx
38:05 Technical discussion of the first TenEx product, NanoClear
45:00 Additional products in TenEx's catalog
49:45 Miguel's concerns for the energy industry; future goals and areas of focus for TenEx
53:25 Future goals and areas of focus for TenEx
55:05 Miguel's advice for young professionals in energy
62:15 Where Miguel sees the energy industry in the future
Miguel's LinkedIn: https://www.linkedin.com/in/miguel-pe%C3%B1a-3160b91/
1 hr 4 min