OUR STORY

A Sustainable Journey

Our Value Is
Multifaceted

Founded In 2019

Sky Quarry is an integrated energy solutions company, created to address the environmental issues caused by the landfill disposal of waste asphalt roofing shingles. 

Nearly 6 million homes in the USA are reroofed each year, sending approximately 15 million tons of asphalt roofing shingles to landfills across the country for disposal.

If recycled, each year’s disposed shingles would equate to the recovery of 20-22 million barrels of oil and approximately 9-11 million tons of sands, aggregate, and other construction solids.

The Sky Quarry team recognized the untapped potential of an already established oil extraction technology. Leveraging their expertise, they conceived of a groundbreaking application capable of separating waste shingles into clean oil and other valuable materials to transform an environmental challenge into a profitable and sustainable prospect.

Our Mission

Our purpose-led mission is to conserve, recycle and upcycle waste asphalt shingle material, decrease landfill waste, and reduce emissions. We aim to capitalize on long-term waste-to-energy sustainability by producing viable end products to be sold in the infrastructure product and energy markets.

Our Vision

Utilizing our technology and expertise, we envision ourselves as a premier products sales company, committed to sustainable energy practices, while maximizing profit margins, creating a legacy of substantial value for our shareholders and customers alike.

Key Company Figures

*These are approx numbers.

10,000+

Subscribed & Committed
Investor Base

$70M

Eagle Springs'
Replacement Value

$29.5M

Raised from
Crowdfundings and Warrant Exercise

5,000+

Daily Production Capacity
of Our Eagle Springs Refinery

$166M

Estimated Value
of Hydrocarbon Resources

$70M

PR Springs'
Replacement Value

Our Scalable Business Model

Designed For Profitability

One of the most compelling aspects of our business model is that we will get paid to receive waste asphalt shingles, which is called a “tipping fee.” The national average for  tipping fees are $45 to $120 with an expected growth of 8% annually. These tipping fess are anticipated to cover most, if not all, of the costs to process & break down the shingles.

 

Constant Feedstock

We are in discussions with roofing contractors, waste management companies, and construction firms to secure a consistent supply of asphalt shingle feedstock and have targeted those areas with the highest tipping fees.

Regional Sales

We are forming partnerships with local construction and paving companies to generate immediate revenue through the regional sales of reclaimed aggregate materials.

Revenue Diversification

Our strategy of developing multiple revenue streams enhances our financial stability, ensuring that every component of the recycling process contributes to our bottom line.

Rapid Scalability

Sky Quarry intends to set up small recycling units nationwide to process waste asphalt shingles (WAS), utilizing the modular nature of these facilities for easy scalability and quick deployment.

Growth & Significant Milestones

We Believe We Are On An
Upward Path to Success

Heidi Bowman

Heidi C. Bowman is a strategic finance executive with over 20 years of experience guiding leadership teams across various industries with an emphasis on structuring financial operations, evaluating deals for tax efficiency, and defining processes to ensure top-tier financial performance. She is adept at building trust with external partners, such as audit and tax firms, legal counsel, insurance providers, and private equity companies. Moreover, she has demonstrated a history of adapting to changing market conditions and managing large-scale pivots during organizational transformation and restructuring. She prides herself on being a collaborative team coach and mentor skilled at developing future leaders and finance executives.  She has expertise in private equity, real estate, logistics and oil & gas.

Most recently she was a CFO of Hillair Capital and Barlock Capital private equity funds.  During that time, she was CFO various portfolio companies including American Natural Energy Corporation and Creek Road Miners Inc fka Wizard Brands Inc. (WIZD). 

She graduated from the University of California at Los Angeles with a Bachelor of Arts degree in Economics and is a CPA (Inactive) in the state of California. After many years being active in the local schools and community where she and her husband raised their two children in the San Francisco Bay Area, Heidi and her family relocated to Park City, Utah and are currently enjoying the active mountain lifestyle.   

Jennifer Standley

Jennifer Standley has over 15 years experience building and leading startups in a variety of industries. Specializing in marketing and business development, she has played a pivotal role in streamlining operations, enhancing brand awareness, and boosting overall revenues for several direct-to-consumer sectors, particularly in the organic food industry.

She is passionate about advancing better environmental practices—be it through the promotion of organic foods for kids or contributing to Sky Quarry’s journey towards environmental sustainability.

Jennifer has a BA in Business Management and Humanities from Brigham Young University and a Professional Designation, AA degree in Design & Visual Communications from the Fashion Institute of Design & Merchandising.


Ray Hansen

Ray Hansen brings more than 35 years of refining industry experience, including senior leadership roles with HF Sinclair, CITGO Petroleum and Chevron. Most recently, he served as Vice President of HF Renewable Fuels. He previously led operations at HF Sinclair’s 140,000 barrel-per-day El Dorado refinery, overseeing more than 260 operations personnel and responsibility for operations, engineering, logistics, safety and environmental performance.

Throughout his career, Hansen has focused on improving refinery reliability, increasing throughput and optimizing existing assets. He has also led major capital initiatives, including a renewable fuels project completed in 15 months that recovered its full project investment within 13 months.

Hansen holds Bachelor of Science degrees in Chemical Engineering and Materials Science Engineering from the University of California, Berkeley.

Darryl Delwo

Darryl Delwo has over 25 years’ experience building and leading finance teams in global companies with significant operating scale and complexity. He has held senior positions in high growth public and private firms, providing strategic oversight to finance and operations, including $150mm of M&A activity, and joint venture and refinancing transactions.

Darryl has a BC in Accounting and Business Management from University of Calgary, holds CMA and CPA designations from CMA and CPA Alberta, and a Controllership Certificate from the Institute of Chartered Accountants of Alberta.

Marcus Laun

Marcus Laun has spent the past twenty years as a founding principal or senior advisor to over fifteen publicly and privately held companies. His experience includes advising and investing Nurture, Inc. an organic baby food company which eventually sold to Group Danone for $250mm.

Marcus is also founder and CEO of GrowthCircle.com and Geopulse Exploration Inc., a media company specializing in the production and distribution of short films for corporate clients. He also has advised and raised capital for companies in the solar, wind, oil, gas, and alternative fuel industries.

As Managing Director of Knight Capital Group (the largest market-maker of equities in the US)., he oversaw syndicates for over $300 million in financing.

He has a BS in Hotel Management from Cornell University, and an MBA from Columbia University.

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David Sealock

David Sealock is a highly accomplished, results-driven senior executive leader with over 30 years of strategic management and business leadership. He has a track record of building high-performing teams with a strong focus on setting corporate strategy, executing over $1.2Bn in equity and debt transactions, joint ventures and M&A deals.

David served as CEO of Petroteq Energy, President of Autus Ventures, Vice President Technology – Petroleum Technology Alliance Canada; President & COO of Sulvaris; President & CEO of Sunshine Oilsands; EVP of MegaWest Energy; &  has held senior management positions with Deer Creek Energy, CNRL, Petrovera Resources, Total, and Chevron.

David has a BS in business management and is a Registered Engineer with the Alberta Society of Engineering Technologist (ASET).

 

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