Steve Tedesco
President, Running Foxes
Steven Tedesco has more than 40 years' experience in the energy industry, including coal, helium, oil, gas, hydrogen, wind and solar. Tedesco operates Running Foxes Energy Inc., which focuses on waterflooding of shallow oil reservoirs, coal bed methane and conventional oil and gas production in the Uncompahgre Uplift, Powder River, Williston, Denver, Forest City and Cherokee basins in the U.S. Tedesco is a manager with Ultimate Carbon Storage, which is involved in generating and selling carbon credits from plugging marginal, abandoned or orphaned wells. Tedesco is the U.S. representative for MRE Wind and Solar, based in Centennial, Colorado, which is in the process of building wind, solar and battery facilities in Arizona, New Mexico, Kansas, Colorado and Utah. He is also chief science officer for Energid Energy Inc., which focuses on converting natural gas assets to hydrogen, ammonia, electricity and crypto-mining.
Tedesco has a BS in geology from Northeastern University in Boston, an MS in geology from Southern Illinois University at Carbondale, Illinois, and a Ph.D. in geology with a minor in petroleum engineering from the Colorado School of Mines. He has published numerous articles and presented several talks at international industry meetings on coal bed methane, surface geochemistry, helium, hydrogen, structural geology, petroleum engineering and stratigraphy.
Tedesco has been CEO and president of a Canadian junior public company, Admiral Bay Resources, now known as PredictMedix. He was involved in taking two companies public on the over-the-counter market: General Cannabis and Epsilon Energy.
Tedesco published the only textbook focused specifically on the use of surface geochemistry in petroleum exploration, released in 1994. He recently published the only book on helium, geology and associated gases, released by Elsevier Publishing in April 2022. Tedesco has made numerous presentations at conventions in North America, Europe, the Middle East and Australia.