Petrostars UK Ltd. Company Portfolio 2016 by PetroStars

PetroStarsÂŽUK Ltd. Environmental Integrity - Oil&Gas | Energy Storage | Geothermal & Mining Well Integrity Assurance | Ethical Data Aquisition | Development Academy

| 12

The Way Ahead | 14

Our Organisation PetroStars delivers a new breed of engineers and Innovators to the Energy, Raw Materials & Environmental Sectors. Our foundation is truly valuing personnel’s experiences and development and delivering on our promises. We are owned and managed by UK & Swiss innovators with almost 25 years of experience in the oil and gas sectors with a mission to harmonise industries. We currently focus on Northern Europe and Western USA and “Where Our People Want To Go “. Our multidisciplinary team, coordinated from Austria bases itself on the pivotal expertise of Well Engineering, Mining & Raw Materials, alongside Project Management & Education. Our approach is enabled by working with service providers, operators and regulators as well as NGOs to deliver excellence. Next to our daily business we are working in conjunction with several educational institutions to find high potentials for our future endeavors. As a global company operating in a very visible market we set high standards of performance and ethical behaviours. We are judged by how we act – our reputation is upheld by how we live up to our core values of honesty, integrity and respect for people and their resources . We instill ethical behaviours into our employees and our clients. Through the PetroStars Development Academy we are building knowledge banks for high potentials to enable their careers as well as training for engineering life.

Our Team The best and brightest

Phil Bailey

Fabian Steinacher

Petra Bachhuber

CEO & Co-Founder

Director & Co-Founder

Director & Lead Researcher

Bio

Phil Bailey, has 20 years of Oil & Gas

Fabian Steinacher is an open-minded

experienced. He started out as an En-

fresh MSc graduate (graduated in

Petra Bachhuber is a highly focused Geologist & Chemist currently study-

vironmental Earth Scientist, picking up

June, 2016) specialized in Drilling En-

ing for MSc in Petroleum Engineering.

business & innovation with a diverse ca-

gineering with special focus on Well

Her current field of research includes

reer in Halliburton Company, Total E&P UK, BP and Shell . He focuses on the

Cement Integrity. He is currently pursuing an Ph.D. in the field of Well In-

material development, X-ray Diffrac-

Safety & Integrity of projects. Alongside

tegrity with University of Strathclyde/

also a very experienced Arctic Explorer.

his corporate responsibilities he sup-

ports the Montanuniversitaet Leoben with its Createria Innvovation Academy.

and

Stanford

University/USA.

tion of rocks and Well Integrity . Petra is

Integrity is Everything Business Areas

Geomechanics

Store Integrity

Well Integrity

Ethical Data Aquisition

Geo Hazards

Risk Assessment

Geothermal & Mining

Our Services

At PetroStars we deliver a highly focused service involving the integration of geological and engineering disciplines to provide a complete and in-depth knowledge of the risks, facies interaction and ultimate integrity of the subsurface & Wells. This integrated approach not only ensures a safe & successful production outcome but lays down the groundwork for strong environmental compliance. These days under a low oil price and with ever increasing regulation, itâ&#x20AC;&#x2122;s not just financial results that count. Itâ&#x20AC;&#x2122;s Reliability & Safety that count for reputation with Shareholders & Regulators.

Engineering Geology & Geomechanics:

Well Delivery Services:

Project & Risk Assurance:

Screening for Geomechanical & Geotechnical Risks

Pore Pressure & Fracture Gradient Prediction

Drilling Window Sign Off

Well Architecture & Reservoir Failure Analysis

Wellbore and Near Wellbore Stability

Civil Engineering approach to Shallow Soils

Loss Circulation & Rock Mechanics Casing, Fluids Cement - Zonal Isolation & Rock Mechanics Drilling & Production Operations Support Leak-off Test Design, Analysis & Assurance Advanced Drilling Engineering

Regulatory Compliance Review Ethical Data Aquisition Well & Reservoir Operating Limits Assurance Workflow Training

Case Study #1 Spring 2016 Geotechnical Soil Improvement & Well Integrity 09

In the construction industry, it is standard practice to test samples of a composite nature fully to comprehend the limiting factors of materials for geotechnical solutions. In the offshore petroleum context, soft soil and cement bonding is a key concern for long term site, store and well integrity. With this regard, the placement of cement in shallow clay-rich marine sediment, for long-term asset integrity, we wish to reap in reverse the benefits of lime treatment. It is worth remembering that when we conduct well placement exercises, accurate environmental geohazard assessments are critical for the success of exploration and production well integrity

Primarily our current work is exploring the possibility of developing improved cement bonding with shallow marine soils using additional lime and chalk additive, through simple and repeatable testing. The applications are numerous from preventing further liquefication over time of soils, wellhead and infrastructure subsidence, leak prevention and ensuring an environmentally sustainable solution for offshore use.

We decided to investigate this further with a focus on the Danish Chalk of the area around Stevnâ&#x20AC;&#x2122;s Klint. In February 2016 the team carried out a rigorous site investigation of outcrops of the Cretaceous strata. The principle objectives being to observe the surface geotechnical aspects and collect enough material for further laboratory testing & petrological description. The next steps are to test hydrates and waxes at Artic Conditions with such soil & lithology to see whether new bio methods of soil stabilisation being proposed by various research houses meet the challenges posed in the Artic, which is of particular importance for Thermal Recovery and Heavy Oil Projects.

PetroStars Development Academy

In today’s modern IT-driven environment, during a period of much more economical and cultural diversity, Engineering disciplines in the Energy, Mining and Oil & Gas Sectors, PetroStars Academy is here to lift up the key ingredients for Industrial Excellence. Whether you are an independent young professional, a Master’s or Ph.D candidate, an intern or a fledgeling graduate scheme employee we are here to make you a Rising Star. We can train, coach or support you with your particular needs or you can join other PetroStars Academy members on profit making projects and learn from working at the heart of the industry. PetroStars Development Academy also supports International Engineering Link - Leoben - https://sway.com/L03EBTqRyl4juEPU

“

“If you don’t go after what you want, you’ll never have it. If you don’t ask, the answer is always no. If you don’t step forward, you’re always in the same place.” — Nora Roberts Rising Stars are high potential people fully committed to their discipline, who are prepared to face their weaknesses and use them to develop a cultural change in engineering and help others get up to new standards of Innovation, Careers, and Studies. Becoming a member of the Academy is not like the typical garden of MBA’s, CPD or traditional careers guidance at University or Human Resources Competency development. Hard work is the commitment - it takes guts and a focus to realise that fundamental basics need to be in place to make headway. After all do you not wish that you were as patient & committed as the young mechanic who helped you fit a snow chain in the middle of the winter?

The Way Ahead

Petrostars is committed to delivering excellence and quality outcomes to its clients & partners. The future is bright and we are going to challenge our competitors to keep the focus on ethical engineering in the Energy, Raw Material and Academic arenas. PetroStars Project Engineering: Provision of Well & Civil Engineering Services in Europe and Western United States. The focus will be on London, Leoben, Palo Alto & Glasgow. Opportunities in Aberdeen & Dublin are also considered. The primary aim for the first 12 months will be engaging with active clients to deliver accurate and sound engineering services. PetroStars Development Academy: Our plans include delivering a long term service to Universities in Austria, UK & Germany, with a longterm aim of adding locations in the US & Canada as subsidiary Academies. The immediate needs are growing the IE-Link Leoben service to demonstrate the market value to investors. PetroStars Research & Development: Our aims include : Cements & Shale Gas Assurance Research Arctic Conditions Production Research Interpretation Software development for Geomechanics & Well Integrity European Union KIC project growth Sponsored Research Projects

Contact Information Headquarters PetroStars®UK Ltd. Parkstrasse 1.1.7 8700 Leoben | Styria | Austria Phone: + 44 7867 360278 E-mail: office@petro-stars.eu

Registered Address PetroStars®UK Ltd. 20-22 Wenlock Road London | N1 7GU | England | UK

PetroStars & Logo are a combined registered Trade Mark of Technical Observations Limited and is operated by Petrostars UK Ltd.

Company number: 08369598 VAT Registration number: GB214934905