Released on: June 18, 2008, 7:06 am

Press Release Author: Sensornet

Industry: Chemicals

Press Release Summary: Sensornet chief executive officer Neale Carter has become
chairman of Flotech Limited (Flotech), an advanced completion company with
proprietary technologies.

Press Release Body: Sensornet chief executive officer Neale Carter has become
chairman of Flotech Limited (Flotech), an advanced completion company with
proprietary technologies. The company is committed and focused to serve the Middle
East & North Africa operating companies in optimising their reservoir challenges
including:
• Managing the inflow of fluids
• Providing positive economic returns with cost effective solutions
• Providing simple inflow and isolation solutions
• Reducing well construction costs, e.g. rig time
• Ensuring long term well bore reliability
• Providing effective production optimisation methods.
Flotech currently has two product offerings: the FloMatik passive flow control
coupling; and the FloSeal isolation packer.

Neale Carter, Sensornet CEO says, “I am delighted by this opportunity and look
forward to making a real difference in enabling operating companies to optimise
their reservoir challenges.“
For more information please visit Flotech’s website on: www.flotechltd.com or email
Sensornet on enquiries@sensornet.co.uk.

About Neale Carter
Neale Carter joined Sensornet as the new CEO on 1st July 2006. Neale previously was
the Middle East, Caspian and India Regional Manager for Easywell. He has over 15
years Oil and Gas Industry experience in the North Sea, North America, Africa and
the Middle East regions and has held various management positions with Schlumberger
and Weatherford.

Neale has gained extensive industry expertise in well testing, completions,
intelligent completion technologies, artificial lift, sand control, water and gas
shut-off, zonal isolation, and fibre optic technologies. He has had wide experience
in new technology implementation with electronic permanent monitoring sensors,
downhole flow measurement, fibre optics, surface multiphase flow metering, hydraulic
flow control and swelling elastomer zonal isolation.

Neale graduated from Robert Gordon’s University with an MSc in Offshore Engineering
in 1991.


Web Site: http://www.sensornet.co.uk/

Contact Details: Heidi Cooney

enquiries@sensornet.co.uk.