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Plaid Technologies Ships Proprietary Graphene to Petro Flow Ahead of Initial U.S. Well Plugging Field Tests
VANCOUVER, British Columbia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) (“Plaid” or the “Company”) today announces the shipment of an initial quantity of its proprietary graphene material to Petro Flow LLC in advance of the first planned field tests of graphene-enhanced wellbore cement for plugging and abandonment (“P&A”) applications. The initial test wells are expected to be conducted during the second quarter of 2026 in the continental Unite
About this update from Plaid Inc.
[{"type":"text","content":"VANCOUVER, British Columbia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) (“Plaid” or the “Company”) today announces the shipment of an initial quantity of its proprietary graphene material to Petro Flow LLC in advance of the first planned field tests of graphene-enhanced wellbore cement for plugging and abandonment (“P&A”) applications. The initial test wells are expected to be conducted during the second quarter of 2026 in the continental United States.","length":513,"tagName":"p"},{"type":"text","content":"The shipment represents a key early milestone in Plaid’s commercialization pathway for its graphene-enhanced cement technology. Petro Flow is currently engaged in advanced discussions with multiple well plugging and abandonment service providers to support upcoming field trials and potential broader deployment.","length":312,"tagName":"p"},{"type":"text","content":"As previously announced on January 13, 2026, Plaid has been working with its contracted development partner, Petro Flow, to integrate an ultrasonic injection process intended to improve the dispersion of graphene oxide within cementitious mixtures. Internal laboratory-scale evaluations to date have indicated that improved dispersion may influence cement hydration behavior and cured material performance. Plaid continues to evaluate performance characteristics, scalability, and cost implications as part of its ongoing development program.","length":542,"tagName":"p"},{"type":"text","content":"“These initial shipments mark an important transition from laboratory development to field-level evaluation,” said Guy Bourgeois, Chief Executive Officer of Plaid Technologies. “Our collaboration with Petro Flow allows us to test our graphene technology in real-world well plugging operations while continuing to validate performance, ease of use, and scalability. This is a key step as we move toward commercialization and engage with service companies serving the well plugging market.”","length":488,"tagName":"p"},{"type":"text","content":"The shipment, consisting of graphene dispatched from Plaid’s European-based stockpile of high-grade graphene. Upon delivery to Petro Flow, and prior to cement mixing, the graphene will be converted into a water-dispersible graphene oxide (“GO”) formulation.","length":257,"tagName":"p"},{"ty...