Miguel Peña - President & CEO, TenEx Technologies

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/