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Calgary Globetrotter Signs On At MTEM

In basketball circles the Harlem Globetrotters are famous the world over, and rapidly-expanding Scottish oilfield services company MTEM has appointed Calgary's own globe trotting basketball star to head up its first office in Canada.

Significant interest in the oil and gas hydrocarbon mapping technology developed by MTEM prompted the decision to invest in a permanent Canadian presence, and former Olympian Kelly Boucher has landed the role of leading the office.

Kelly has been appointed as Sales Manager and will report to MTEM's Houston-based VP for North and South America, Jason Robinson.

It's the latest stop in a career which saw Kelly represent her country in two Olympic Games, Atlanta in 1996 and Sydney in 2000 and play for professional teams across Europe including spells in Germany, Italy and Spain. A career in sales beckoned after she gave up competitive basketball in 2001, followed by a move into the oil and gas business and now MTEM.

Jason Robinson said: "We are already in advanced discussions with several potential clients. MTEM's technology is an attractive option for operators involved in producing from environments such as tar sands and overthrust terrains on land, and also offshore in shallow water."

Kelly Boucher said: "I have always enjoyed the competitive environment, and joining MTEM offers the chance to work with a company which is fast-paced and entrepreneurial and has technology which can be truly game-changing. The similarities between my career as a basketball player and my position with MTEM are remarkable."

Two of the pioneers of the MTEM technology, Anton Ziolkowski and Folke Engelmark, are in Calgary this week to present technical papers on the system and its applications at the joint convention of the Canadian Society of Petroleum Geologists (CSPG) and the Canadian Society of Exploration Geophysicists (CSEG).

Kelly Boucher added: "There has been considerable interest in hearing what Anton and Folke have to say and I look forward to welcoming along any interested parties to our booth at the convention to explain further the business benefits of our technology."

MTEM has already enjoyed considerable success with its R-Land system onshore Trinidad, where operator Ten Degrees North Ltd. doubled the size of its planned spend to US $1million after encouraging early surveys from its Tabaquite field.

MTEM believes its technology will radically reduce drilling risk and potentially save the oil industry billions of dollars per year. Industry experts estimate the potential market for MTEM will exceed $3billion annually by 2011 and the Edinburgh-headquartered company now has sales operations covering all the major hydrocarbon producing areas of the globe.

Electromagnetic surveys are designed to provide a measure of changes in subsurface resistivity with depth below ground. This information can be useful in locating recoverable oil and gas since hydrocarbons are more resistive to electrical current than the water typically found at similar depths. The potential to use electromagnetic surveying has been known by industry for some time but limited in application. The advent of modern receiving instruments, computing power and analysis methods combined with techniques developed in recent years has lead to the development of Multi-Transient electromagnetic surveying applications for reservoirs both onshore and in shallow marine applications.