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Calgary, Alberta — November 15, 2005

Aucerna (Formerly 3esi-Enersight) announced today that it has acquired Aralan Solutions Inc., a provider of capital and portfolio risk management solutions. Aralan owns and produces the E&P software products RAPT and PetroARA.

Aucerna’s goal is to deliver an enterprise solution to support E&P industry business processes, allowing the companies to:

  • Continuously Evaluate the Portfolio of Opportunities
  • Generate Current Capital/Production Forecasts
  • Scale-up Operations while Managing F&D costs

“Aralan’s products are a strategic fit with Aucerna’s vision and goals and jointly we are able to deliver the industry a better solution”, Wayne Sim, Aucerna’s CEO commented.

PetroARA, is designed to budget and track real-time capital and operating costs, reserves and production. Forecasts are compared to results via bridges to accounting, field production and economic databases.

RAPT is a risk analysis portfolio application that compares pre and post reserves analyses.

“Our goals and values are consistent with Aucerna’s and our product offering made us a perfect fit for Aucerna’s enterprise wide vision for the E&P industry.” said Terry Joubert, President of Aralan Solutions. Terry Joubert joins 3esi as Vice-President of Business Development.

Aralan’s products have helped Murphy Oil in our drive for execution excellence and we are excited to see Aucerna and Aralan joining efforts to help us reach the next milestone in that journey”, said Cal Buchanan, Manager of Planning and I.S. at Murphy Oil.

About Aucerna

Aucerna is the energy industry’s leading provider of solutions for integrated planning, execution and reserves. Today Aucerna is a global source of technology and expertise for the energy industry, serving more than 500 customers from 12 global offices. Aucerna proudly serves the industry’s largest base of customers, from super-majors and emerging operators to energy investors, consultants and education institutions. Aucerna solutions are deployed in every region of the globe, helping companies make better investment decisions by connecting the people and the data of the modern energy industry.

Contact

Jeremy Greene, SVP Marketing
+1.403.270.3270
info@3esi-Enersight.com