Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/peak-acquires-exclusive-licence-for-metaplex-ultra.shtml

Peak acquires Exclusive Licence for MetaPlex® Ultra High Performance Sealing Technology

Peak Well Systems (Peak) has acquired an exclusive worldwide licence from Aberdeen-based Xtreme Well Technology Limited

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Peak Well Systems (Peak) has acquired an exclusive worldwide licence from Aberdeen-based Xtreme Well Technology Limited (Xtreme). The 25 year licence grants Peak the right to use, develop and commercialise the proprietary MetaPlex® sealing technology for wellbore applications.

The addition of MetaPlex to Peak’s portfolio supports a growing demand for well barrier devices that meet the most stringent ISO14310:2008 V0 specifications.

MetaPlex technology is an innovative, high-performance, hybrid metal-elastomer seal which Peak plans to commercialise with a range of high pressure, V0 certified, downhole sealing systems.

Tags: Peak Well Systems