Calgary, Alberta — May 28, 2008

3esi is proud to announce that Calgary based Cinch Energy Corp. has selected esi.manage™ for their operational program management need.

“esi.manage allows Cinch operations and finance staff to jointly generate budgets, track results, generate management reports and compare budget scenarios that allow the Company to prioritize Exploration and Development operations. The past year has shown large swings in commodity prices, market valuations, royalty impacts and service costs, which require multiple budget iterations to be able to create value in a volatile business and meet Company objectives. esi.manage provides the flexibility to analyze the budget under these varying scenarios“.

Ron Peshke, Engineering Manager
Sarah Tait, Chief Financial Officer
Cinch Energy Corp.

With esi.manage, E&P companies can:

  • Manage opportunities and operational goals through improved planning, tracking and forecasting of Capex, Production, Opex, Resources and Reserve Additions at both the project and program levels, across teams, departments and the entire business.
  • Increase the efficiency, accuracy and frequency of forecasts and variance reports, while decreasing the
  • time and effort required creating and maintaining them.
  • Track Key Performance Indicators such as F&D Costs, Exit Rate and Lifting Costs in real time.

For more information about this product or any other offerings from Aucerna please contact us today at Let us show you how esi.manage will be an invaluable tool for your organization.