Well Engineering Partners (WEP) and Petrogas Minerals International(PGMi) join forces

December 2010, Hoogeveen, The Netherlands

Well Engineering Partners (WEP) from Hoogeveen and Petrogas Minerals International (PGMi) from Groningen join forces per January 1st, 2011 and create the largest independent well engineering and drilling management company in The Netherlands and a significant player internationally.

The combined companies and subsidiaries will continue to operate under their own name for the time being.

The expansion will take place internationally with a focus on innovative technology for deepwater projects.