NexLube - Management


Malone Mitchell 3rd, Chairman and Board Manager

Mr. Mitchell founded Riata Energy in 1985 with $500. Riata became one of the largest privately held energy companies in the US with a market value over $1 billion. He sold a controlling  take in Riata in 2006, and the company was renamed SandRidge Energy (NYSE: SD). He founded Mitchell Group in early 2007 which includes investments and operated companies in North America, South America, Europe and Asia. He acquired a controlling interest in TransAtlantic Petroleum (ASE: TAT) in 2008 and grew the market capitalization from $10 million to $350 million. He has raised in excess of $2 billion for private and public companies since 2005. Mr. Mitchell earned a B.S. degree from Oklahoma State University. See www.riatacg.com.


Monte Bell, President and Board Manager

Mr. Bell has over 27 years of experience in the electric utility, oil and natural gas industries. Mr. Bell previously joined Riata Corporate Group in February 2007 where he was responsible for the technical review and valuation of prospective alternative and renewable energy investments for the company. He was employed by SandRidge Energy (formerly Riata Energy) as Vice President, Midstream from July 2000 to February 2007, where he was responsible for the company’s purchase and sale of energy products, and the acquisition and management of midstream assets related to natural gas and carbon dioxide systems. He was a Board Manager for PetroSource Carbon Company from 2003-2007, employed with KN Energy Marketing from 1996-2000, and Southwestern Public Service Company from 1985-1996. He obtained a B.S. degree in Chemical Engineering in 1985 from Texas Tech University and an M.S. degree in Engineering Management from University of Colorado in 1994.


Alberto Mendoza, VP Business Development and Marketing, and Board Manager

Mr. Mendoza has over 38 years of experience in the oil industry including design of rock bits, design and construction of drilling rigs, land rigs, drilling barges and jackups for offshore operations, and oil and gas production and transportation via pipeline. He has been involved in petrochemical projects from financing to operation. Most of his dealings have been with the major oil companies and private producers in the U.S. Mr. Mendoza holds B.S. and M.S. degrees in Mechanical Engineering from the University of Houston, and has a certified degree in metallurgy.

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