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PetroBeam, Inc.

PetroBeam’s converts low value crude to a high-value oil. Its technology is patented.

  • Stage Full Product Ready
  • Industry Industrial/Energy
  • Location Sweetwater, TN, USA
  • Currency USD
  • Founded June 2005
  • Employees 6
  • Website

Company Summary

PetroBeam is developing a game-changing technology to dramatically increase the value of low-quality crude oil and the value of oil reserves. The PetroBeam process provides oil cracking and can convert low value crude, such as bitumen or heavy residua, to a high-value synthetic oil (or sincrude) The Company’s technology is proprietary and patented intellectual property. Their clients are heavy oil producers.


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    Issac J. (“Ike”) Scott 2
    Chairman of the Board of Directors

    Mr.Scott is also President of Scott Bridge Company, a Southeastern-based engineering and construction firm focused on bridge construction, rehabilitation, emergency response, pile driving, marine construction, and steel erection projects. Mr. Scott received his BE in civil engineering from Georgia Institute if Technology.

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    Larry Hutchison 1

    Over 35 years of domestic and international operations experience with United Parcel Service of America. He is a significant investor in TA Capital Ltd, an investment management firm focused on early stage technology companies. Mr. Hutchison received a BA in business management from LaSalle University.

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    Walter Chappas 3
    Vice-President, Administration

    Dr. Chappas is a recognized leader in radiation chemistry and radiation processing. He served as a consultant to the United Nation’s International Atomic Energy Agency and as a technical advisor to the governments of Saudi Arabia, Mexico, Sri Lanka, and Ecuador. Dr Chappas was appointed to the University of Maryland faculty in 1980, where he successfully served as Director of the Electron Linear Accelerator Facility; Associate Director, Laborato

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    Yuriy Zaikin 4
    Chief Technology Officer

    Identified the original technology on which the company was built. Dr. Zaikin is a world-top specialist in the radiation technologies for petroleum processing. From 2006 to 2010, he served as a consultant to the United Nation’s International Atomic Energy Agency and as a technical advisor to the government of Saudi Arabia. From 1976 to 2006, he worked as a professor and head of the Radiation Physics Lab in Al Farabi Kazakh National University (Al

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    Douglas Warren 5
    Chief Financial Officer

    Mr. Warren has been a practicing CPA since 1981, primarily in the areas of taxation, business valuation, fraud examination and litigation support. Mr. Warren currently serves on several corporate boards including a publicly traded company and serves as Chairman of its audit committee. He holds a BS in Accounting from Tennessee Wesleyan College.


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    James W. Childs, Jr.
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    Douglas Warren, CPA

Previous Investors

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    The previous investors were 20 private individuals and 1 public company (IBA).