OMICRON PROJECT CONSULTING - Key Persons

As an SME, Charles Overstreet, is a University of Texas Mechanical Engineer with over 30 years of oilfield experience, mostly in the pressure control sector. He is the owner of his own company for the past 5 years. Prior to this, his vast knowledge in Snubbing, Well Control, Coiled Tubing, and structural and tool designs for land, offshore, and subsea applications placed him in the capacity of Lead Project Engineer within a leading service company. In that key capacity, he provided engineering support to the pressure control service lines ranging from job modeling to field engineer for complex projects. He was involved in the development and training of the company's junior engineers and has presented numerous technical seminars to the company's customer base. With his technical experience, Mr. Overstreet has registered five (5) US Patents and one (1) Patent Pend. including two primary inventor patents that are directly related to Snubbing and Sub-Sea applications. He is an active member of the Society of Petroleum Engineers (SPE) and has served as a member of API 16C - WIWC subcommittee, API 5C7 subcommitte, and a director member of ICoTA. His achievements involve co-authoring several well intervention articles in industry publications such as World Oil and Hart's E&P as well as the following SPE publications: Apr 2006, SPE 99749," Dynamic FEA Models for Snubbing Buckling and Riserless Subsea Wireline Intervention", Co-author, Kenneth R. Newman, Pierre Beynet May 1999, SPE 54497," Successful Underbalanced Drilling by Pumping Nitrogen Through Coiled Tubing and a Vane Motor in the Low Pressured Petit Lime Formation", Co-author, Harvey E. Barney Oct 1997, SPE 38770, "Design and Implementation of a 22,600 ft Underbalanced Coiled Tubing Scale Cleanout in the Gomez Field, Pecos Country, Texas", co-author, L.S. Adams Mr. Overstreet has received industry recognition including Offshore Technology Conference's (OTC) 2006 Finalist in ASME IPTI - Woelfel Best Mechanical Engineering Achievement Award - Subsea Hot Tap System and OTC's 2002 Hart's E&P Special Meritorious Award for Engineering Innovation - Hydraulic Rack Jack System.