Rebranding reflects business development in new markets
NEWS RELEASE | November 16, 2022
Bridgeporth Ltd. (“the Company”) has completed a rebranding exercise to better reflect its corporate strategy and the business is now called Metatek Group (“Metatek”).
Metatek is a technology-focused multidisciplinary group that specialises in bringing state-of-the-art and cutting edge exploration and monitoring technology to both traditional and emerging energy markets. Metatek remains focused on mapping natural resources which are critical to the energy transition and to energy security, including hydrocarbons and strategic rare earth and battery minerals.
In addition to continuing its resource focused activities, Metatek has recently expanded its existing expertise with the launch of its proprietary eFTG technology, undertaking surveys in geothermal, hydrogen, helium, water resources, carbon capture and storage (CCS) and the hazard mitigation industries.
As part of the rebranding, the Company has launched a new website www.metatek-group.com. The Company’s corporate headquarters remains in Milton Keynes, UK.
Dr Mark Davies, Metatek Group Founder and CEO said, “The energy sector is changing rapidly, and we aim to be at the forefront of the data capture services market. The name Metatek better reflects directional changes made over the past two years which culminated in an investment by PillarFour Capital. With the injection of capital, we can continue investing in new, advanced imaging technology which will better serve our range of traditional and transitional energy focused clients. As a team we are excited to now move to Phase 2 of our strategic high-value, low carbon footprint focused business plan.”
About Metatek Group Ltd
Metatek Group Ltd is a UK limited company founded in 2012 and headquartered in Milton Keynes in the UK and operating worldwide.
The company specialises in geophysical surveys to map natural resources which are critical to the energy transition and energy security. Metatek also assesses a wide range of environmental effects in both marine and terrestrial environments, as well as human and cultural changes in land use, population and socioeconomic levels and atmospheric emissions.
About PillarFour Capital
PillarFour Capital Partners Inc. is a global investment fund with offices in Calgary, Canada and London, UK. PillarFour invests in sustainable, energy technology and innovation companies, targeting investment in companies with high ROIC, low capital intensity and commercial technologies aimed at enhancing sustainability and lowering carbon intensity in the oilfield. The PillarFour investment team is made up of dedicated energy and technology professionals, offering their investee companies decades of operational, financial, strategic planning and capital markets expertise. PillarFour partners with high quality management teams, putting in place strategies that maximise value creation by emphasising operational excellence, prudent governance and social license. www.pillarfourcapital.com
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