Moneta Overview Presentation - Innovative Energy Consulting ...
Moneta Overview Presentation - Innovative Energy Consulting ...
Moneta Overview Presentation - Innovative Energy Consulting ...
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<strong>Moneta</strong> <strong>Energy</strong> Services Team<br />
Rex H. Kary, President and CEO<br />
Rex founded Continental <strong>Energy</strong> Marketing Ltd., one of Alberta’s first independent gas marketing<br />
companies in 1989.<br />
Grew the company organically from the initial seed capital of $150,000 and a line of credit of $250,000<br />
Sold Continental to Pan<strong>Energy</strong> Marketing and led the Canadian operation to a tripling of revenues to<br />
over $1 billion in 14 months.<br />
Investors in Continental received a return of capital in 2 yrs and 10 times return on capital in 6 years<br />
Rex pioneered many innovative contracts designed to meet customers specific needs, be they<br />
producers, LDCs, pipelines or regulators<br />
Managed the business with strict credit and trading policies, resulting in no business losses from bad<br />
debt or from unauthorized trading<br />
Developed an industry leading gas management system that was fully integrated , and is still in use<br />
today<br />
Recognised as an expert in this field and was invited to speak at many industry forums and instruct at the<br />
University of Calgary<br />
Rex applied his extensive corporate experience to the provision of entrepreneurial financial services<br />
related to transaction restructuring and innovative financing through Kary Financial Services<br />
Since June 2003, Rex has directed his energy to building <strong>Moneta</strong> Capital Partners Ltd. as Managing<br />
Partner.<br />
In January 2006, Rex orchestrated the transfer of the assets of <strong>Moneta</strong> into an Limited Partnership, and<br />
has focused on building <strong>Moneta</strong> <strong>Energy</strong> Services<br />
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