Mergers and acquisitions are an inevitable side effect of the current business climate in oil & gas. You know that it’s not a question of if, but when oil and gas companies will sell or purchase assets. A single well can generate up to a terabyte of data every single day. What is your plan to gather, manage, and evaluate the asset data both before and after the deal?
Nate Richards is speaking at a complimentary luncheon at III Forks in downtown Houston on April 29th about the role of information as an asset in M&A activity. This luncheon will answer the following questions:
- How do apps & data fit into integration strategy before and after a deal?
- When does IT needs to join the deal conversation?
- How do we create a strategy to minimize transition costs during the transaction?
- What does it mean to be “transaction ready” as an IT department before you even learn about a deal?
I hope that you can make it, and look forward to seeing you there!
Where: III Forks Restaurant, downtown Houston, TX
Date: Wednesday, April 29, 2015
Time: 11:30 a.m. – 1:00 p.m.
We ask that you please reserve a seat so that we can work with the restaurant to provide enough food and seating for all.
If you cannot attend, please feel free to share this with any colleague you think would benefit from the information!
Nate has over 18 years of software engineering and consulting experience. He founded Entrance in 2003 after working as a software applications manager for Spinnaker Exploration prior to its acquisition by Norsk Hydro. Nate and his team provide software development and consulting to upstream companies such as Statoil, Shell, Petrobras USA, Oxy, Murphy Oil, Freeport McMoran, Energy XXI, Castex Energy, Talos Energy, Black Elk Energy and many others. In addition, Entrance serves the technology and business consulting needs of Midstream, Downstream and Services segments of the energy value chain.
Entrance designs and builds insightful software solutions that unlock the value of information assets. We provide business and software consulting services to the entire energy value chain to connect decision makers with actionable information.The exponential growth of data production in both conventional and unconventional assets necessitates new approaches to how people filter and consume information to make the best decisions. Our intelligent systems engineering approach, oil and gas industry expertise, and ability to execute creates value and mitigate risks for our clients.
We believe that information is an oil and gas firm’s largest untapped resource. There is no one size fits all solution, so Entrance always starts projects by examining a specific client’s needs and then utilizing the technology that meets that need best.