Pandell News - Nov 26, 2008
Pandell Releases EANexus 2.3 With New Alberta Royalties
Oil and Gas Economics Software Implements Government’s Transitional Royalties.
Calgary, AB, Nov 26, 2008 – Pandell Technology Corporation announced today that its economic evaluation software, EANexus 2.3, integrates the new transitional royalty calculations issued by the Alberta Government on November 19th, 2008.
Changes to the royalty framework could have a significant economic impact on junior oil and gas companies in Alberta. EANexus; an economic evaluation, budgeting and reserves reporting software for the junior market, provides a vital tool for analyzing what that impact is. The release of EANexus 2.3 demonstrates Pandell’s market leadership by responding immediately to changes in government royalties.
“We’re constantly on top of changes to government royalties because our clients need immediate information about the economic impact on their businesses," says Ed Poth, Pandell’s Senior Product Manager. "We know our clients have come to expect this from us, and we’re glad to come through for them."
About Pandell Technology Corporation
Pandell is a software solutions company that delivers industry specialized software products and business services. For oil and gas companies, Pandell offers its NexusSuite™ of oil & gas software products and its NexusWorkforce™, oil & gas accounting services. For enterprise organizations, Pandell builds and manages PLISolutions™, large-scale, web-based applications delivered on Pandell's advanced technology. With its industry expertise and proprietary Pandell Liquid Intelligence™ technology ("PLI"), the company delivers the most modern, affordable software solutions to its clients. The company has achieved rankings on Branham's Top 300 Technology Companies in Canada, Alberta Venture™ Fast Growth 50 List, and Calgary Inc™ Best Places to Work.
For more information:
Karen Beagle
Pandell Technology Corporation
(403) 685-6235
info@pandell.com
