Enteq Upstream PLC Appointment of a Product Director
10 Febrero 2021 - 01:00AM
RNS Non-Regulatory
TIDMNTQ
Enteq Upstream PLC
10 February 2021
10 February 2021
Enteq Upstream plc
("Enteq" or the "Company")
Appointment of a Product Director
Enteq, the energy technology company, is pleased to announce the
appointment of Neil Bird as Rotary Steerable System ("RSS") Product
Director, a Non-Board position, ahead of the Company's launch of an
innovative alternative to traditional RSS tools.
Based in Houston, Neil will be responsible for the tool's
development and commercialisation, with immediate priorities being
static testing and field trials over the coming months. Neil brings
more than 25 years' operational experience in RSS and directional
drilling, including tenures at Baker Hughes and Weatherford, and an
international perspective from time spent in the US, UK and Middle
East.
Neil will oversee an engineering team with combined experience
of more than 150 years in RSS and directional drilling technology,
which has re-engineered and optimised an alternative directional
drilling design originally licensed by Enteq from Shell in
2019.
Neil commenting on his appointment, said:
"When I first began talking to Enteq about this role, I was
sceptical. Here was a company not currently active in the RSS
market, and with a concept that takes a fundamentally different
approach to traditional RSS and directional drilling tools.
However, on closer examination, it became clear this is an
incredibly exciting project to be part of.
"Not only was I convinced by the management team that this was a
company with ambition and momentum, I was also encouraged by
Enteq's operational and engineering track record for downhole
solutions, and reputation as a trusted independent supplier. What's
more, looking at the concept in detail, it was clear that every
technology in here is field-proven. It simply took that stroke of
inspiration to combine it for a new, elegant alternative to
existing RSS design. I've been in this industry a long time now,
and it's rare to see such effective innovation."
Martin Perry, founder and CEO of Enteq, commented:
"We are delighted to welcome Neil on board at this stage of our
evolution as a company. We know we have something special here, and
Neil and his team are the right people to build that out into
something that represents a real step-change in the market, at a
time where unconventional plays make directional drilling more
complex and competitive than ever."
For further information, please contact:
Enteq Upstream plc +44 (0)149 461 8739
Martin Perry, Chief Executive Officer
David Steel, Finance Director
Investec Bank plc (NOMAD and Broker) +44 (0)207 597 5970
Chris Sim, Patrick Robb, David Anderson
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END
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