Badger Explorer ASA – New Member of the Management Team

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Badger Explorer ASA ("BXPL") has the pleasure of announcing the appointment of Dr. Wolfgang Mathis as BXPL's Product Manager.  

Dr. Mathis (35, Austrian citizen) holds a MSc in Petroleum Engineering from the University of Leoben, Austria. During his university education Mr. Mathis studied one year at NTNU, Trondheim specializing in Drilling Engineering before finalizing his studies with his master project at Shell in Rijswijk, The Netherlands. In 2003 he joined the oil industry with TDE Thonhauser Data Engineering publishing several publications on drilling process optimization and obtaining his PhD in Drilling Engineering in 2007 whilst working full time. Dr. Mathis joined Badger Explorer ASA in October 2007 after having worked on several projects around the world since 2003.
 
“I am very pleased to have Dr. Mathis as a part of the management team. I am convinced that he will further strengthen BXPL's organization through this position and enhance the progress of the development. His main focus and responsibility will be on continuous testing and developing the Badger Explorer in close contact with the market and according to customers' needs by providing valuable applications,” says Kjell Erik Drevdal, President and CEO of Badger Explorer ASA.

The Badger Explorer technology is a revolutionary new method to explore for and map the extent of hydrocarbon resources. The Badger Explorer drills and buries itself into the underground at a substantial lower risk, cost and complexity compared to utilizing an expensive drilling rig. BXPL proudly announced the successful groundbreaking demonstration of the Badger Explorer concept at the end of April 2010.

Stavanger, 7.1.2011

For further information, please contact:
Kjell Erik Drevdal, CEO, cell phone +47 916 43 552, office +47 52 97 45 15
Gunnar Dolven, CFO, cell phone +47 908 53 168, office +47 52 97 45 40

www.bxpl.com

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