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zerosnoop

01/28/20 7:46 AM

#49496 RE: mr_sano #49495

Previously, Dr. Gallagher served as President of e9 treatments, where he developed and executed a strategic plan to advance the company's surface treatment technologies in the oil and gas industry, including expansion of the IP portfolio, and commercialization activities, resulting in significant cost savings due to improved wax management for the customers. From 2012 to 2015, he served as Vice President of Technology and Product Management at Rockwater Energy Solutions, a leading provider of water solutions and oilfield chemicals to the North American oil and gas energy market. While at Rockwater, he built a strategy targeting high growth areas for development resulting in an increase in the number of successful new products by more than 200% the first year. He also streamlined operations and rationalized product lines resulting in significant cost savings. From 2010 to 2011 he served as a Vice President with SCF Partners, an energy-focused private equity firm. From 1996 to 2010 he served in a variety of roles with Baker Hughes, most recently as Vice President of Technology for Fluids and Chemicals managing a team of 100 scientists and engineers, where he oversaw a variety of product platforms including drilling fluids, reservoir fluids, fluid environmental services, production optimization, integrity management and flow assurance.


https://ir.qsenergy.com/press-releases/detail/2047




















zerosnoop

01/28/20 7:49 AM

#49497 RE: mr_sano #49495

Testing should resume quickly as per the FACTS below. The original AOT grid pack is on site & ready to be installed.

https://www.qsenergy.com/updates

It should be noted that despite the apparent electrical short circuit, tests performed during commissioning indicate the new high-capacity power supply is operating as designed.

Our engineers have prepared a plan to remove, test and visually inspect all components of the modified AOT grid pack. Subject to weather and resource availability (i.e. manpower, crane, etc.), we will use best efforts to remove, test and inspect of the modified AOT grid pack next week. In parallel, we plan to inspect and test the original AOT grid pack (shown in the attached image) which is currently being stored at the demonstration site and should be available for operation subject to inspection and test results.

We believe the best course of action may be to run our next full system test utilizing the original AOT grid pack as this grid pack has been successfully installed without incurring damage and has operated at normal pipeline flow rates under limited test conditions as described in our September 13, 2019 press release. Data collected in these limited tests indicate the original AOT grid pack powered by the new high-capacity power supply could provide significant flow rate improvement.