Thursday, 24 May 2012, 6 p.m., Edinburgh
New Entrepreneurial Upstream Technologies and Technology Companies
Irvine Brown, Red Spider, Greg Herrera, Energy Ventures, Iain Hutchison, Merlin ERD, Iain MacLean, ZiLift, Mike Reid, Red Spider
This event occurred on: Thursday, 24 May 2012, 6 p.m.
This time will be a different format for an SOC meeting. We have invited a number of companies to make presentations on their high-growth/high-tech and entrepreneurial businesses. The event will be moderated by Nathan Piper, RBC Capital Markets and Director of the Scottish Oil Club. The discussions will focus on overview of the business opportunities and what attracted these companies to these opportuniites, the principal technology, commercial success so far, and next phases of company development.
Red Spider are specialists in Remote Open Close Technology--downhole computer controlled valves that can be opened and closed remotely without the need for intervention or control lines. This is done by integrating computerised control and power systems into state-of-the-art downhole barriers to dramatically reduce risks and the cost of downhole operations. The speakers will be Irvine Brown and Mike Reid.
ZiLift Ltd. was established in May 2009 and is a fully independent company developing exciting technology and systems, which will form the next generation of artificial lift for the oil and gas industry. ZiLift's innovative solutions will enable downhole pumping systems to be deployed where they presently cannot. Headquartered in Aberdeen with 28 personnel, ZiLift is currently working with server E&P sponsored projects. These are focused on gas well deliquification, oil and heavy oil applications, respectively. The speaker will be Iain MacLean, Managing Director.
Merlin ERD Limited, with operations in Aberdeen, Perth, and Houston, is the leading independent Well Engineering consultancy, specialising in Extended Reach Drilling (ERD), Complex, and High Angle wells. They drill the longest wells in the world. The speaker will be Iain Hutchinson, Engineering Director.
Energy Ventures, member of the Scottish Oil Club, is an independent venture capital company providing competent capital to high growth oil and gas technology companies. The speaker will be Greg Herrera.
Irvine Brown, Red Spider
Greg Herrera, Energy Ventures
Iain Hutchison, Merlin ERD
Iain MacLean, ZiLift
Mike Reid, Red Spider