Petrotranz Inc.

Petrotranz Inc.

June 11, 2015 09:30 ET

Petrotranz Announces Egistix as First Gold TAP Partner

Transforming How Energy Information is Exchanged

CALGARY, ALBERTA--(Marketwired - June 11, 2015) - Petrotranz Inc. is pleased to announce that Egistix Corporation, one of the first of several technology vendors who are embracing the Petrotranz Data Exchange ("PDX"), has become the first Technology Adoption Program (TAP) Partner to reach Gold Status. Gold Status is currently the highest level of recognition that can be awarded to Petrotranz Technology Partners for their integration accomplishments.

Over the last 2 years, Petrotranz has worked very closely with Egistix to improve the communication and collaboration capabilities between Petrotranz and Egistix Oil. PDX is the first transformational system for the energy industry that allows disparate systems to communicate with each other and the first system that provides a common language and secure hub for transacting information between all energy stakeholders.

"It's a monumental step forward for both Petrotranz and Egistix," says Paul Johnson, President, Petrotranz Inc. "We are extremely pleased with the adoption of PDX by Egistix, a very well, locally run and forward thinking organization whose bright management team immediately saw great value to offer our shared customer base the capability for our systems to communicate."

Egistix President Colin Fox is very pleased with the results of the project. "Egistix embraced the opportunity to develop a data integration interface that would make for the seamless transfer of data between our marketing software and Petrotranz. We are very excited to be an industry leader with new technologies that will optimize our customer's efficiencies and business processes."

Egistix Oil's 2015 Release leverages PDX providing the foundation for the electronic exchange of all volumetric and financial reporting data relevant to both Egistix and Petrotranz stakeholders. All risk associated with data re-entry is mitigated, improving the accuracy of information the speed at which information is available.

Examples of PDX data that can be consumed or published through Egistix oil are: Form Cs, Shipper Balances, Notices of Shipment (NOS), Form As, Shipper and Working Interest Owner Splits.

About Egistix Corporation

Egistix™ - Energy Trading Logistics Corporation (Egistix) is an established Calgary company providing energy marketing software solutions since 1999. Egistix provides robust solutions for crude oil, natural gas and natural gas liquids with a North American perspective.

With a talented team of energy marketing industry professionals, we meet the requirements from juniors to majors. We partner with clients to provide solutions, not just software. Egistix solutions track over a million barrels of oil daily & billions of dollars monthly while working with our clients to optimize their marketing and business processes.

About Petrotranz Inc.

Petrotranz Inc. is a technology company that builds, deploys and manages secure web-based industry solutions that automate and improve manual or inefficient processes in the Energy Industry. The commercial applications developed by Petrotranz are the Crude Oil Transportation System (COTS), Liquids Transportation System (LTS), Petrotranz Data Exchange (PDX) and Petrotranz Quality Management (PQM). Petrotranz is utilized by over 1250 companies to manage the transportation and logistics of more than one million bbl/d of crude oil, and a quarter of a million bbl/d of liquids in the Western Canadian Sedimentary Basin.

Petrotranz also provides volumetric and financial management industry services and actively serves as the COLC Administrative Manager and the ITC Invoicing Contractor.

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