TIDMPOS 
 
RNS Number : 0700M 
Plexus Holdings Plc 
18 May 2010 
 

Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services 
18 May 2010 
                Plexus Holdings PLC ('Plexus' or 'the Company') 
   GBP700,000 Contract win with Senergy Limited for 15,000 psi HP/HT POS-GRIP 
                               wellhead equipment 
 
Plexus Holdings plc, the AIM quoted oil and gas engineering services business 
and owner of the proprietary POS-GRIP  method of wellhead engineering, has 
reached agreement with Senergy Limited ('Senergy'), a leading worldwide energy 
operator, to supply its proprietary POS-GRIP wellhead technology and mudline 
suspension systems for exploration activities in the North Sea.  The contract is 
worth approximately GBP700,000, which is subject to completion of relevant 
terms, with revenues expected to commence 31 July 2010. 
 
Senergy which is managing exploration activities for Valiant Petroleum plc, an 
AIM listed oil and gas company focussed in the North Sea, will drill an 
exploration well using Plexus' 15,000 psi High Pressure/ High Temperature 
('HP/HT') POS-GRIP wellhead, which is known for its increased safety and 
technical benefits including higher pressure performance. 
 
Plexus CEO Ben van Bilderbeek said, "This contract win marks a new working 
relationship between Plexus and Senergy for HP/HT wellhead applications.  Over 
the years, Plexus has built a strong presence in the North Sea oil and gas 
market with an increasing number of leading international oil and gas companies 
and turnkey operators using our HP/HT wellhead systems.  We are now in the 
position where we are one of the leading suppliers for wellhead equipment for 
HP/HT exploration drilling activities within this market, a trend we believe 
will continue as we pursue our strategy of becoming the wellhead supplier of 
choice." 
 
                                    **ENDS** 
 
For further information please visit www.posgrip.com or contact: 
 
+---------------+------------------------+-------------------+ 
| Ben van       | Plexus Holdings PLC    | Tel: 020 7589     | 
| Bilderbeek    |                        | 8555              | 
+---------------+------------------------+-------------------+ 
| Graham        | Plexus Holdings PLC    | Tel: 020 7795     | 
| Stevens       |                        | 6890              | 
+---------------+------------------------+-------------------+ 
| Jon           | Cenkos Securities plc  | +44 (0)20 7397    | 
| Fitzpatrick   |                        | 8900              | 
+---------------+------------------------+-------------------+ 
| Ken Fleming   | Cenkos Securities plc  | +44 (0)131 220    | 
|               |                        | 6939              | 
+---------------+------------------------+-------------------+ 
| Felicity      | St Brides Media &      | Tel: 020 7236     | 
| Edwards       | Finance Ltd            | 1177              | 
+---------------+------------------------+-------------------+ 
| Isabel        | St Brides Media &      | Tel: 020 7236     | 
| Crossley      | Finance Ltd            | 1177              | 
+---------------+------------------------+-------------------+ 
Notes to Editors: 
 
Plexus, which began trading on AIM in December 2005, is an established oil and 
gas engineering and services business which supplies wellhead and mudline 
suspension equipment for exploration and production applications based in 
Aberdeen, with an office in London, Cairo, Kuala Lumpur and a presence in 
Houston, Texas. It has developed and patented a method of engineering for oil 
and gas field wellheads and connectors, POS-GRIP, which involves deforming one 
tubular member against another to effect gripping and sealing. 
 
POS-GRIP wellhead systems have to date been used or selected to be used in over 
140 oil and gas wells by international companies including BHP Billiton, BG 
International, Bowleven plc, BP, Brunei Shell Petroleum, Cairn Energy, Centrica, 
ConocoPhillips, Dubai Petroleum, GDF SUEZ, Global Santa Fe, Maersk, Petro-Canada 
Trinidad & Tobago, Red Sea Petroleum Operating Company, Repsol, RWE, Senergy 
Limited, Shell Egypt, StatoilHydro, Silverstone Energy, Talisman Energy, Tullow 
Oil, and Wintershall. 
 
The Company plans to accelerate the roll out of POS-GRIP technology as a 
superior alternative to current wellhead technology.  It has particular 
advantages in HP/HT (High Pressure/High Temperature) and X-HP-HT (Extreme High 
Pressure/High Temperature) oil and gas environments for which there is 
increasing demand throughout the world. The Company's long-term goal is to 
develop POS-GRIP technology as the future industry standard for wellhead design. 
This objective includes the distribution of POS-GRIP technology through 
licensees to maximise market penetration. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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