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BetaZi LLC

Oil and gas production and investment is risky. BetaZi quantifies the odds.

  • Stage Prototype Ready
  • Industry Industrial/Energy
  • Location Truckee, CA, USA
  • Currency USD
  • Founded January 2013
  • Employees 6
  • Website

Company Summary

Trillions of dollars are exchanged globally based on outdated, hand-drawn forecasts of oil and gas production. BetaZi LLC has developed a patent-pending Physics Based Probabilistic algorithm for the accurate, automatic and fast forecasting of Estimated Ultimate Recovery (EUR) production from Oil, Gas and Water wells. We offer the tools to select the best performing wells for portfolio optimization for those in the Finance Industry.


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    Janette Conradson
    Chief Executive Officer

    Janette has 20 years experience in business as President, CFO and Controller for mid-sized firms in mineral exploration, high-end real estate and accounting. She studied Business and Economics at Bethany University.

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    Christian Pierce
    Chief Operations Officer

    Over his career, Chris has held various positions including Director and VP at such companies as Prime Energy , BCM Energy, Pali Capital and Jeffries and Co. He has a background in new business strategies, hedge funds, pension funds and mutual funds in the US and Canada, electronic trading and execution, both domestic and international. Mr. Pierce is a graduate of the University of Delaware.

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    Nimar S. Arora. PhD
    Chief Science Officer

    Nimar has a PhD in Artificial Intelligence from UC Berkeley with emphasis in statistical inference, including knowledge representation, generative models, inference algorithms particularly geared toward Open Universe models for physical applications. He is also expert in distributed systems, cloud computing and enterprise software. He holds over 20 patents in various modeling, database and parallel computing applications.

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    Heidi A. Kuzma, PhD
    Chief Innovation Officer

    Heidi has a PhD in Applied Geophysics from UCB with a focus on computer learning for physical applications. She has published on large number of topics which include a Self Teaching Expert System for shale gas production and discovery, tunnel detection, Support Vector Machines, geophysical inversion, atmospheric fluid flow, frame semantics, polynomial chaos and Uncertainty Quantification.

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    Wesley Ketcham, P.E.
    Petroleum Engineer

    Wesley is a Petroleum Engineer from Texas A & M with a background in reserves evaluation and economic evaluation as well as an oil and gas investment professional. He is Director of Alternative Investment and Private Equity at Oppenheimer an Co. He is serving as adviser to BetaZi LLC both for reserves evaluation and financial modeling.


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    J. Mark Avery, Esq., Partner, Richards Rodriguez & Skeith LLP

Previous Investors

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    Private Investment