Qteq announces further strategic expansion


Georesources technology company Qteq has appointed a seasoned specialist to drive rapid sales growth in its groundwater monitoring portfolio.

Stuart McCulloch joins Qteq as Chief Business Development Officer, focussed on the business’s expansion in international and domestic markets.

Qteq COO Ewan Meldrum said Mr McCulloch’s 16 years of experience in technical sales as a management professional would help bolster the company’s position in global resource industries.

“Mr McCulloch brings a wealth of industry experience to the role, with a proven track record for developing and maintaining client relationships,” Mr Meldrum said.

“His appointment strengthens our organic growth and will help us focus on delivering the best solutions for our clients while delivering a return on their investment.”

The new hire anticipates greater demand, as the industry recognises the cost and productivity gains delivered by Qteq’s unique borehole magnetic resonance imaging (BMR) system.

“Mr McCulloch will head up our team of Australian and internationally-based sales staff, along with key partners in Europe, North America, Africa, the Middle East and South America,” Mr Meldrum said.

“In our short history, Qteq has become a global leader in groundwater monitoring across the water, mining and coal seam gas industries and it is time to grow internationally.”

Mr McCulloch has previously held international roles with Baker Hughes, including Technical Sales Manager, Sales and Operations Manager and Global Business Development Manager. He was also the Australasia Country Manager of Archer – The Well Company.

“I am extremely pleased to join Qteq and look forward to delivering both short-term gains and long-term profitable growth for the business – with a focus on all things water,” Mr McCulloch said.

“I am proud to join a team that is committed to paving the way in disrupting older, less efficient water management practices to ensure Australia’s water security for years to come.”

About Qteq

Qteq is a technology services company, led by a team with decades of experience in various energy sectors across the globe. It is focused on bridging a link between (a) low-volume, high-cost, best-in-class, offshore oil and gas technologies and (b) high-volume, fit-for-purpose, price-point-appropriate technologies required by onshore georesource (hard rock and solution mining, coal mining, coal seam gas and groundwater) industries. The process of adapting, repurposing, simplifying and transforming existing technologies, as well as introducing cutting-edge solutions, is viewed by Qteq as the key to driving down resource development costs, increasing operational safety and improving environmental quality of life. Qteq is committed to accurately measuring and monitoring georesource assets, thereby enabling industry operators to manage and mitigate technical and commercial risk. Supplying such capabilities at an affordable price is made possible by Qteq’s expertise in Big Data analytics that, in turn, enables exploration and production operators to realise substantial efficiency gains, cost reductions and better environmental outcomes.

“To lead change in georesources industries through technical and commercial innovations that protect the environment and enhance our clients’ social licence to operate.”