Mr. Levine has been a successful owner, entrepreneur and innovator in the U.S. energy sector for more than twenty-five years.
A graduate of Bernard Baruch School of Business, Al Levine started on Wall Street as an analyst and, in 1968 at the age of 24, he and colleagues founded Frederick & Company with a seat on the New York Stock Exchange. In 1970, he left the securities business to become portfolio manager for the chairman of INEXCO, a domestic oil company.
In 1973, Mr. Levine launched his own firm to raise capital for other drilling companies. Within a few years, he formed his first limited partnership to drill wells, serving as the managing and operating partner. The company’s wells were developed in the resource-rich Ohio Appalachian Valley, where Mr. Levine gained hands-on experience in all aspects of the oil and gas business including drilling, production, buying, selling, and servicing. Summit Well Services now has over 15,000 acres under lease, and over 200 operating wells.
Still a practicing economist, Al Levine’s strategic and innovative approach to oil and natural gas exploration has consistently delivered excellent returns to investors and proven to be a bulwark against severe industry downturns and financial stress. Summit Well Services is now in a position to expand and exploit extraordinary new investment opportunities in the radically- changing energy sector, particularly the recent discoveries of huge reserves of shale natural gas in the Appalachian Basin of the eastern United States, particularly Marcellus Shale.
An Industrial Technology instructor, he recently retired from the education field to devote his considerable investment and management know-how to Summit Well Services. A friend of Al Levine since they were teenagers, Harvey contributes to the operational safety and state compliance areas of Summit Well Services.
Russell effectively uses his more than 25 years of experience with Summit Well Services to run competent, results-driven, loyal crews.
Heather has been active in the Summit Well Services company for about 5 years, handling a wide range of responsibilities. While maintaining compliance with state and federal regulations, Heather also locates property available for acquisition, obtains property leases for new wells, and assists in the general operations of Summit Well.
A graduate of New York University with a Bachelor of Science in International Business and a life-long friend of Al Levine, Jay strengthens the Summit Well management team.
Hired in 2008 to assist in various capacities, including management of Summit Well Service, Josh previously worked in public relations with a graphics software development company and Internet discussion-group company in San Francisco.
Josh graduated from S.I. Newhouse School of Public Communications, Syracuse University.