press release : 04 October 2007Intellection acquires mineral services business in UK
Leading providers of integrated solutions for the automated, quantitative evaluation of minerals, rocks and man-made material, Intellection Pty Ltd today announced that it has completed the acquisition of UK based XRD services company X-ray Mineral Services Ltd (XMS).
Intellection recently entered the oil and gas services sector with the introduction of an advanced mineralogy and lithotyping process based on the company's QEMSCAN® technology. This service, operating from dedicated facilities in Brisbane, provides detailed mineralogical analysis of drill cuttings and sidewall plugs from wells, aiding understanding of the geology associated with both operating and future reservoirs.
Located in North Wales, XMS provides XRD and XRF analysis services to the oil and gas sector primarily in the UK, Europe, North Africa and Middle East. Founded some 10 years ago, the company has a well established client base amongst the major exploration and production, and technical services companies in these regions.
"We've been working with Intellection on the application of QEMSCAN® technology to the Petroleum sector for some years as it's capabilities for lithotyping from cuttings and plugs has fantastic benefit to the industry, whilst being very complementary to our existing XRD services", says Stephen Jones, managing director of XMS.
"Our alignment with Intellection greatly extends not only our services offering from the UK, but also the company's services capabilities for the industry in Australia."
Steve will assume the position of general manager, Intellection (UK) Ltd which will be headquartered in North Wales. The company will continue to operate from the current XMS premises in Colwyn Bay until new, larger facilities are completed nearby in the new year. "This is a key step in establishing direct representation for Intellection services and products on a global basis, especially for our oil and gas services business." Calvin Treacy, CEO Intellection commented. "The combination of Steve's experience, solid XRD business and now QEMSCAN® analytical services is a very powerful basis for our growth in the UK and European region."
About X-Ray Mineral Services LtdXMS, based in North Wales, was established in 1997 to provide a high quality X-ray Diffraction (XRD) analytical service for the petroleum industry. Over the years XMS has grown to have a strong global client base and expanded services offering soil analysis, clay, mineral & whole rock samples for the construction, mining and pharmaceutical industries as well as environmental applications.
For further information:Intellection Pty Ltd
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