Ziebel

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A reservoir focused well technology and service company operating in the international oil- and gas exploration and production business. Established January 2006 by experienced well technology specialist with financial backing from mainly Norwegian venture capitalist groups. Have by December 2006 purchased iCalTech Ltd. in Aberdeen and Axon Instruments Ltd. in Inverurie, both Scotland. Also purchased the Houston based company Tubel Technologies Inc. Have presence and operations in North and South America, the Middle East, Far East and Europe. www.ziebel.biz

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Ziebel is an innovative group of persons from many cultures (race, religion, sex, citizenship, nationality, etc.) working together, finding quick and efficient methods to solve problems or optimize traditional methods. When a good and efficient solution to a problem, or a better optimized result is obtained, it is referred to as a Ziebel. Examples: "We understood that we did not have the good performance that we knew had to be possible, so we did a ziebel.", or "Instead of waiting around for something to happen by itself, we did a ziebel".

Ziebel has been successful in getting this expression to be increasingly used within the technology arena of the oil and gas producing business, not at least in conjunction with more advanced wellbore technologies.