SOURCE: Business Review Europe

Business Review Europe

February 18, 2011 14:16 ET

Badger Explorer CEO Kjell Erik Drevdal Attempts to Revolutionise Oil Exploration Activities

SAN DIEGO, CA--(Marketwire - February 18, 2011) - Badger Explorer, a new formation and reservoir evaluation tool, explores and maps the extent of hydrocarbon resources. This company is featured in this month's issue of Business Review Europe.

"It is what we call 'game-changing technology,'" explains Chief Executive Officer Kjell Erik Drevdal. "When we get this commercial, it will change the way oil companies do their exploration activity. This will dramatically reduce the cost of activities and increase the environment aspects of exploration, because we don't have big rigs, vessels and helicopters disturbing the environment."

According to Drevdal, the Badger Explorer tool will meet all customers' needs with regards to cost, environmental awareness, data quality and speed of development.

The importance of technology is clearly pivotal for Badger Explorer, says Drevdal. Although the company utilises traditional design systems, information collection and control systems are tailor-made and unique to the product.

"This project is ground-breaking. We need to find and develop new technology and new software because this has never been done before," Drevdal emphasises.

Drevdal is proud about the low environmental impact the Badger Explorer tool will have. He feels that the robot, which requires no support vessels or rigs in order to operate, is very kind to the environment.

Read the full report here.

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