Detechtion Announces New Client and Staff Additions for 4th Quarter 2011

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January 27th, 2012
Calgary, Alberta and Houston, Texas

Detechtion Technologies announced today the continued expansion of their client base and hiring programs, as well as technology advancement consistent with their long term growth plans. The fourth quarter of 2011 produced significant additions for Detechtion which included expansion with 20 of their existing clients.

New clients added:

  • Surge Energy Inc. – Surge Energy Inc. is an oil focused company with operations in Alberta, Manitoba and North Dakota. Their emphasis on decreasing operating costs and maximizing financial efficiencies is part of their plan to evolve into a top tier, intermediate producer.

  • Tournament Exploration Ltd. – Tournament Exploration is an upstream oil and gas exploration and production company focused on drilling multi-zone crude oil and natural gas prospects in Alberta. Tournament Exploration is a privately owned Canadian corporation that has been in operation since 2006.

Highlights of expansion with existing clients:

  • Energy XXI – Energy XXI has implemented an “acquire and exploit” growth strategy to build a geographically focused portfolio. The company plans to develop acquired properties while ramping up a complementary exploration program designed to provide organic growth for the future.

  • PostRock Energy Corporation (PSTR) – PSTR is engaged in the acquisition, exploration, development, production and transportation of oil and natural gas primarily in the Cherokee Basin of Kansas and Oklahoma. PostRock owns and operates over 2,800 wells and nearly 2,200 miles of gas gathering lines in the Cherokee Basin. In addition, it owns 1,100 miles of interstate gas pipelines in Oklahoma, Kansas and Missouri.

  • AltaGas Ltd. – AltaGas Ltd. has approximately 6,500 kilometres of associated gathering lines moving natural gas from producing wells to more than 70 field gathering and processing facilities. With an enterprise value $3.3 billion in natural gas gathering and processing, liquids extraction and storage, Altagas has a workforce of more than 900 and an asset base of $2.6 billion.

Staff additions:

Detechtion is pleased to announce the addition Elias Panasuik into the Calgary operation, as the newest member to join their growing business development team. Elias joined the company on December 5, 2011. He has been working in the North American Oil & Gas industry for 7 years with a number of instrumentation and SCADA vendors, including Endress+Hauser, Simark Controls and Prologic Controls.

Technology advancement:

The fourth quarter of 2011 saw a significant update to Detechtion’s fleet management solution, Enalysis™.

On October 27, 2011, Detechtion released a new mapping interface within Enalysis™. This feature, built using Google Maps, visually displays the locations of all compression assets in the fleet. Built-in, user-defined filters, allow the user to customize the view of their compression fleet based on production and maintenance criteria.

“Innovation and the evolution of the Enalysis™ product continue to be our priority. Bringing increased value to clients on a consistent basis is part of our company philosophy.” – Travis Adlington, Manager Technology Development.

Detechtion Technologies is the developer of Enalysis™, the world’s leading compressor optimization and fleet management program. For more information on D