SOURCE: Quantum Energy Inc.

December 05, 2013 09:00 ET

Quantum Energy Targets Bakken Shale With Field Office and New Management

TEMPE, AZ--(Marketwired - Dec 5, 2013) - Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today it has redirected its oil and gas focus from the West Texas Barnett Shale fields to North Dakota with the opening of an office in Williston, North Dakota in the heart of the Bakken formation. "The company has secured the consulting services of Andrew J. Kacic and Advisory Services, Inc. with offices in Williston to assist in identifying oil and gas opportunities in that region," said Stan Wilson, the new Chairman and President of Quantum. "We are impressed with the diesel refinery model being constructed by MDU in Dickinson and believe it can be replicated throughout the Bakken," Wilson said. "Mr. Kacic has recent experience in funding efforts for refineries and we are in discussions with potential refinery sites to assess feasibility," Wilson explained.

In addition to refinery development opportunities, Quantum will continue its oil and gas exploration, drilling, well completion and fuel distribution efforts in reliance on Mr. Kacic's experience in those areas as well.

The new Quantum website including new management bio's can be found at www.quantum-e.com.

About Quantum Energy, Inc.

QUANTUM ENERGY, INC. is a development stage publicly traded diversified holding company with an emphasis in land holdings, refinery and rail transload development, oil and gas exploration, drilling, well completion and fuel distribution.

Safe Harbor Forward-Looking Statements

To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

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