CALGARY, Alberta, Feb. 18, 2020 /CNW/ -- Omnira Software Inc.
(Omnira), the leader in reserves and economic forecasting software,
today announced that Vermilion Energy Inc. (Vermilion) has selected
MOSAIC software for its corporate Portfolio and Asset Management
requirements. The decision was made after an extensive evaluation
process to identify a company that could partner with Vermilion to
provide the required functionality, in addition to implementation
and support teams with extensive industry experience. Mike
Kaluza, Vermilion's Executive Vice-President and COO, pointed out
that "our decision to implement MOSAIC supports our ongoing
use of software technology to drive efficiencies in the management
of our assets worldwide, while providing insight into both our
day-to-day operations and our long range planning."
MOSAIC is the system that has the largest market share in
Canada, and is being adopted more
and more in the US and Internationally to replace prior generation
reserves and economic forecasting systems. MOSAIC's single
system approach consolidates data, simplifies work flows and
reduces costs. "Our clients tell us that one unified system
for economic forecasting, field development planning, budget
execution, and reserves management is the most effective way to
go. We feel it is better than other offerings where vendors
have acquired multiple overlapping legacy software products that
increases required integration, complexity, and costs," said
John Pollock, COO at Omnira. "We are
excited to be partnering with Vermilion as their business
requirements and forward plans are similar to other innovative
energy companies who have already switched to MOSAIC and are now
delivering superior results."
"A key factor in our selection was the confidence
Omnira provided as far as data conversion, customization, and
support," said Steve Reece, Director
IT & IS for Vermilion. "This MOSAIC implementation
supports Vermilion's unified workflows and reporting from various
operations, and provides an opportunity to work with a trusted and
proven vendor in the market. When my team asked for
references, Omnira was exceptionally open by offering conversations
with any of their clients, and those that we did talk to were very
satisfied with MOSAIC's capability as well as Omnira's ongoing
level of dedication to support," said Reece.
For more information about MOSAIC, please contact
info@omnirasoftware.com.
About Vermilion Energy
Vermilion is an international energy producer that seeks to
create value through the acquisition, exploration, development and
optimization of producing properties in North America, Europe and Australia. Our business model
targets annual organic production growth, along with providing
reliable and increasing dividends to investors.
About Omnira Software
Omnira Software Ltd., a wholly owned software company within
Constellation Software Inc. (TSX: CSU), provides MOSAIC to Oil and
Gas producers ranging from start-ups to those producing over 1
million barrels per day. The industry's Premier Petroleum
Economics & Reserves Software system, MOSAIC outperforms legacy
systems with MOSAIC for corporate reserves, petroleum economics,
budgeting, capital planning, and decline analysis. Omnira has
offices in Houston Texas, and
Calgary Alberta. More details can be found at
www.omnirasoftware.com
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SOURCE Omnira Software Inc.
