Paul Howlett Engaged to Drive Growth in the UK Market

For Immediate Release

Highlights

  • Agreement secured with Paul Howlett to promote and sell Pivotree in the United Kingdom (UK).
  • Mr Howlett is a highly experienced geologist and oil and gas new business and exploration expert.
  • Paul will drive growth Pivotree’s largest market by leveraging existing customer interest and his extensive network.

Oil and Gas technology company Pivotree (or the “Company”) is pleased to advise that it has secured an agency agreement (“Agreement”) with prominent industry professional, Paul Howlett (“Paul”), based in London, to progress existing deals and significantly expand exposure in the UK market. The Agreement follows the recent award offers made to 27 companies for 51 titles by the NSTA in the 33rd Licensing Round.

Paul has over three decades’ experience working within the Oil and Gas industry, with a comprehensive background in new business development and exploration across various plays and basins. Currently, he contributes his expertise to Energy Explorers as a consultant, primarily serving as the Exploration Manager for Global Petroleum Limited, alongside his role at Painted Wolf Resources, focusing on geological assignments in the North Sea. He is known for his collaborative approach and leadership. His career achievements include identifying under-explored plays, leading successful title applications and sales, orchestrating farm-ins and managing farmouts, and spearheading new business.

Under the Agreement, Paul will market and sell Pivotree’s product in the UK. The Agreement provides for a minimum three-year term.

Pivotree CEO, Chris Merrick, commented: “Paul has come highly recommended to us and so we are very pleased to welcome him to the Pivotree family and to fill this critical role in our global network of agents. He has a stellar track record in the industry in both exploration and business development, underpinned by his communication, collaboration, strategic and analytical skills. Most importantly, people like working with Paul.

The UK is Pivotree’s biggest market by volume and a key strategic priority for our business. Pivotree has already secured a pre-sale with Harvester Energy (UK) for deployment of a Pivotree unit in the UK and is in talks with several prospective UK customers. We are excited to expand this interest through Paul’s many contacts and relationships. The UK government has shown strong support for the industry to drive new early production following disruptive events in the region. Paul’s presence on the ground will be invaluable to realising the maximum potential of our largest market.”

Paul Howlett commented: “The UK is ideal for the deployment of Pivotree, with many undeveloped small oil pools, a vibrant industry with a long track record of introducing new technologies and a regulator that encourages maximum economic recovery – something that Pivotree should help to increase. I very much look forward to working with the team to develop a profitable market for Pivotree in the UK.”

About Pivotree Pty Ltd

Pivotree Pty Ltd is a technology company based in Perth, Western Australia. The company specialises in low-cost, low-risk, agile energy production and carbon storage technologies, with a mission to accelerate the global transition to a sustainable and low-carbon energy system.

For more information about Pivotree Pty Ltd and its innovative technology, please visit www.pivotree.com.au

About Paul Howlett

Paul Howlett is an accomplished geologist and oil and gas industry expert, specialising in new business development and exploration. He serves as a consultant for Energy Explorers and holds leadership roles at Painted Wolf Resources and his own company, Transunion Petroleum. Paul excels in identifying and progressing new opportunities, combining his analytical skills with a collaborative and persuasive approach to engage effectively with diverse professionals. His achievements span across identifying unexplored regions, leading international deals, and managing strategic partnerships, showcasing his capability in navigating complex industry challenges and fostering successful ventures.

For more information about Paul Howlett, please visit linkedin.com/in/paul-howlett-55a73018

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This announcement is authorised for release by Marcus Christian, Executive Director, Pivotree.

For further information please contact:

Marcus Christian, Executive Director

mpchristian@pivotree.com.au

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices, or potential growth of Pivotree are, or may be, forward looking statements.  Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties.  Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

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