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Innovation — Groundbreaking innovation in Calgary
`
`http://www.ca1garyhera1d.com/story_print.html?id=9499559&sponsor=
`
`Innovation — Groundbreaking innovation in Calgary
`BY CALGARY HERALD, CALGARY HERALD FEBRUARY 12, 2014
`
`Dan Themig, co—founder and president of Packers Plus.
`Photograph by: Adrian Shellard, Calgary Herald
`
`So where exactly does innovation come from?
`
`Some would argue that people are born innovators, while others believe that people can develop the
`
`skills and knowledge required to be an innovator. All agree, however, that innovation often starts with a
`
`spark that ignites a passion to create. a drive to embark on a journey that is neither clearly marked nor
`easy.
`
`That spark may be organic, personal and heartfelt, related to personal interest and experiences. Or.
`
`that spark may be more pragmatic — based on the opportunity to solve a problem, creating a market-
`
`driven solution. Wherever that intial spark comes from, innovation is regarded as the core of every
`
`technology company, the fundamental building-block of ongoing success and sustainability.
`
`PACKERS PLUS
`
`Perhaps one ofthe greatest demonstrations of game-changing innovation developed in Calgary is that
`
`of Packers Plus. Creators of the StackFRAC system, the first ball drop system used to complete
`
`horizontal wells in multiple stages, the company has truly revolutionized the oil and gas industry.
`
`Reflecting on the genesis of Packers Plus and its incredible success, co—founder and president Dan
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`1 of 2
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`2/24/201411:17 AM
`
`Exhibit 2007
`IPR2016-01517
`
`

`
`Innovation — Groundbreaking innovation in Calgary
`
`http://www.ca1garyherald.co1n/story_print.htm1?id=9499559&sponsor=
`
`Themig explains that he and his partners Ken Paltzat and Peter Krabben “decided right from the outset
`
`to be a high—va|ue provider,” allowing them to “compete at the highest level” in an industry that, at the
`
`time, was not known for innovation.
`
`Themig recounts when the company was established in 2000, “the industry was into diversification, I
`
`told my business partners that we needed to be focused — pick a narrow technology and compete
`worldwide.”
`
`Deciding to address the most difficult downhole challenges in the oil and gas industry, Themig believed
`
`that “if we could be world-class at those, we could be game-changing...but we really didn’t see it (the
`
`magnitude of the change) coming.” The company’s revolutionary technology launched the industry into
`
`a new realm — horizontal wells and shale plays.
`
`Reinforcing the company’s position as a world-|eader— investing in research and development,
`
`launching new products and tackling new markets — Packers Plus has also revolutionized its
`
`operations. The company recently opened the doors of its MX Manufacturing Centre — the first of its
`
`kind in the world. This state-of-the-art facility includes the world’s first robotic assembly of its type, and
`
`a testing and torqueing system that includes a proprietary traceability method that was developed
`in-house.
`
`While innovation remains a cornerstone of Packers Plus’ continued success, Themig points out that
`
`"we do a number of things to spark innovation.”
`
`Citing the company’s annual technical conference, strategy sessions and workshops where people
`
`from the various business units contribute to the direction of the company, he shares that “people come
`
`with the expectation that we are going to be innovative, that they will see innovation and that they will
`
`be part of it.”
`
`© Copyright (c) The Calgary Herald
`
`2of2
`
`2 of 2
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`2/24/2014 11:17 AM
`.
`I
`Exhibit 2007
`J .
`IPR2016-01517

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