Plexus Appoints New Member to Board

Plexus Holdings announced the appointment of Geoff Thompson as a Non-Executive Director to the Board with immediate effect. 

Geoff Thompson has nearly 35 years' experience in the international oil and gas arena as a consultant. For the past 29 years Geoff has been contracted as an independent consultant and specializes in advising international operators and oil service companies on well equipment and all mechanical aspects of well design and technology. 

Importantly Geoff has an established relationship with Plexus having previously worked on an independent basis with the Company on wellhead equipment design and technical support. 

Plexus' CEO Ben Van Bilderbeek said, "Geoff's wealth of experience within the international oil and gas arena, particularly in the field of HP/HT technology, will undoubtedly help raise Plexus' profile as we reach a pivotal stage in our development towards POS-GRIP wellhead technology becoming a new industry standard for wellhead design. With recent events highlighting the need for safer operating practices within the oil and gas industry, I believe the time is right to raise the awareness of our technology, as a new method of engineering, with the potential to provide unconventional solutions for unconventional applications. In this vein, Plexus is campaigning to have friction-grip technology more widely recognized by international regulators and standards agencies as an alternative to conventional technologies. 

"Geoff will spearhead this effort as a non-executive Board member, with a special portfolio for standards, and the brief to represent the Company in its relationships with ISO, API, and CEN. We are very fortunate to have Geoff join our Company at this stage of our development, and wish him well in his new role."