Press Release
Detechtion Technologies Announces New Client Additions for Winter 2005/2006 and the Completion of a Joint Venture Integration Project with Fluid Life
March 30, 2006
Calgary, Alberta and Lynchburg, Virginia
Detechtion Technologies announced today the addition of several new clients during Winter 2005/2006 as it continues to expand the use of its “Enalysis” compressor optimization and fleet management program throughout the global natural gas industry.
New client additions over the past four months include:
Anderson Energy Ltd, a publicly traded oil and gas company engaged in the exploration, acquisition, development and production of oil and natural gas in Western Canada. Anderson Energy's core properties are: Sylvan Lake, Chinchaga, Sierra, Peace River Arch and Eastern Alberta.
CNR International (Cote d'Ivoire), an exploration and production company operating in offshore West Africa.
Cordero Energy Inc, providing to its shareholders the opportunity to participate in growth in reserves, production, and value through low risk coalbed methane and Belly River development at Malmo, Alberta and exposure to higher impact exploration in Alberta and British Columbia. Cordero has a seasoned exploration and exploitation team with significant experience in the Western Canadian Basin. Cordero was incorporated on March 30,2005.
Mancal Energy Inc., from a business concept four years ago, Mancal Energy has established itself as a successful exploration oriented company. The company has undeveloped lands of 150,000 acres with significant drilling potential, 4000BOE/d of production and is well positioned to continue its growth.
Paramount Energy Trust, is a natural gas focused Canadian energy royalty trust which commenced operations in February 2003. PET was formed with the vast majority of the shallow natural gas properties in northeast Alberta discovered and developed by Paramount Resources Ltd., which has also been Detechtion client for the past 2 years.
Pennsylvania General Energy Company, a privately held exploration & production company headquartered in Warren, Pennsylvania. Penn General has been in business since 1980 and currently owns and operates over 800 wells.
Provident Energy, a Calgary-based, open-ended energy income trust that owns, acquires and manages oil and gas production properties and midstream infrastructure assets. Provident Energy's investments are located in some of the more stable and predictable producing regions in Western Canada, as well as southern California.
Storm Exploration, a junior oil and gas exploration, development, and production company headquartered in Calgary.
True Energy Inc., is a Calgary based junior oil and natural gas company, focused on exploration, development, and production activities within west central Alberta and Saskatchewan.
Tusk Energy Corporation, an exploration focused oil and gas producer, started business November 2, 2004 in Calgary.
Several of Detechtion's existing clients have also expanded their use of the Enalysis Program on additional compressors over the past four months. New additions have been located in Louisiana, Oklahoma, Texas, Kentucky, Virginia, West Virginia, British Columbia, Saskatchewan and Alberta.
Detechtion Technologies is also very excited to announce the completion of a joint venture software project with The Fluid Life Corporation (www.fluidlife.com). With the launch of this software integration work, common Detechtion / Fluid Life clients are now receiving notifications of the results of their oil analysis on both the engines and compressors within the Detechtion system. “This is a key step forward in the continued development and overall enhancement of the Detechtion application”, states Alan Taylor, Detechtion's President and CEO. “In our work with leading companies in the natural gas marketplace, and leading the charge to integrate various enterprise solutions into our fleet management system, our clients are going to experience a much richer environment in which to make compression related decisions.”
Detechtion Technologies is the developer of “Enalysis”, the world's leading compressor optimization and fleet management program. For more information on Detechtion, please call 800.780.9798, or visit their website at www.detechtion.com.