TECHNICAL PRESENTATION AT DEVEX UK 2024

For Immediate Release

Highlights

  • Mr Christopher Merrick will present on Pivotree at DEVEX 2024 in Aberdeen, UK, 28-29 May.
  • DEVEX is a technical conference and exhibition focus on the full exploration and production project cycle, run by the Society of Petroleum Engineers (SPE), Aberdeen Section.
  • SPE is an independent, nonprofit global society with 127,000 members in 145 countries.
  • Mr Merrick is the inventor of the Pivotree technology, and the Company’s Co-Founder and MD.

Oil and Gas technology company Pivotree (or the “Company”) is proud to announce its MD, Co-Founder and inventor of the Pivotree technology, Mr Christopher Merrick, is presenting a 20-minute Technical Talk at DEVEX UK 2024. These sessions are reserved for the latest technological advancements in the industry relevant to the audience.

DEVEX provides a platform to share innovative ideas, lessons learned and inspire new ways of working to drive increased energy security and sustainability in the oil and gas industry.  The conference attracts geoscientists, geophysicists, geologists, reservoir engineers, and petroleum engineers from Europe and around the globe.

The talk is titled, “Pivotree’s Innovation in Offshore Oilfield Development: A New Era for Agile Operators in the UK Market Extracting Stranded Reserves” and covers the headwinds and tailwinds facing the oil and gas industry, the challenges and opportunities they present, and introduces the Pivotree technology with its advantages of potentially reducing exploration, construction, and installation risk and cost, reducing development CAPEX and OPEX, accelerating time to first oil, improving investment profile, reducing environmental impact, eliminating abandonment risk and cost, and deferring mounting decommissioning liabilities for existing facilities.

For over 20 years, DEVEX has been the only technical conference of its kind to focus on the full exploration and production (E&P) project cycle; from exploration, appraisal, development, and production, through to CCUS and decommissioning.  The event’s mission is to secure a reliable future for our next generation by nurturing talent, championing innovation and balancing sustainability to optimise performance.

Of the upcoming talk, Mr Merrick said, “DEVEX represents the perfect opportunity to connect with development and exploration professionals from across the European region. The attendees fit neatly into Pivotree’s target market, and are key influencers in our customers’ decision-making.”

He went on to say, “It’s amazing to think that after six years of developing the technology, Pivotree would be in a position where we are field-ready and presenting at key conferences around the world, to change the way the industry thinks about developing oil and gas assets.”

About Christopher Merrick

Chris has over 20 years of experience in subsea engineering, project management, operations, asset integrity, and inspection maintenance & repair. He has experience across the entire lifecycle of offshore developments encompassing engineering, procurement, construction, installation, operations, and abandonment. He is a specialist in subsea equipment technical reliability, ensuring that facilities meet the highest standards of safety, compliance, and production availability. Chris has a Bachelors Degree in Computer Science, a Masters Degree in Oil and Gas Engineering, and a Masters of Business Administration from the University of Western Australia, is a Chartered Subsea Engineer, and Fellow of Engineers Australia.

For more information about Mr Merrick, please visit https://www.linkedin.com/in/ctmerrick78

About DEVEX UK

DEVEX’s mission is to secure a reliable future for our next generation by nurturing talent, championing innovation and balancing sustainability to optimise performance in the offshore energy and decarbonisation industries.

For more information about DEVEX, please visit https://www.spe-aberdeen.org/events/devex-2024.

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.

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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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