Petrotranz Inc.

Petrotranz Inc.

January 26, 2011 08:30 ET

Petrotranz Releases Shipper Enhancements

Sets Foundation for Crude Data Exchange™ and Version 2.0 Release

CALGARY, ALBERTA--(Marketwire - Jan. 26, 2011) - Petrotranz Inc., announced today several new enhancements to the Petrotranz Shipper Portal. These enhancements have been added to the Petrotranz Crude Oil Transportation System (COTS) and set the foundation for Version 2.0 and the Crude Data Exchange™ (CDE).

"Oil and Gas organizations are not only looking to improve their efficiencies and streamline their operations, but also are looking for ways the entire industry can improve the communication and collaboration efforts between all stakeholders," says Brent Stankowski, CEO of Petrotranz. "The release of these enhancements is a result of feedback from our customers and industry-wide meetings. It not only improves the information flow for Shippers but also sets the foundation for an industry-wide Crude Data Exchange™ for all stakeholders."

Quick facts about the release as follows:

  • Receive Form Bs Electronically (upon submission of original Form As)
  • Receive Form Cs Electronically
  • Receive Shipper Splits and Actual Receipt Volumes (ARVs)
  • Manage Working Interest Owner Splits
  • View a real-time Consolidated Industry Shipper Forecast Report
  • View a real-time Consolidated Industry Shipper Splits Report
  • Web-based, no software or servers to install/maintain

View the detailed "Shipper Portal" Datasheet available at; http://petrotranz.com/pdf/Shipper_Marketer_Datasheet.pdf

About Petrotranz Inc.

Petrotranz Inc.'s Crude Oil Transportation System (COTS) is the first secure, easy-to-use, web-based communication and collaboration platform that streamlines the manual processes and documentation required in the transportation of crude oil from wellhead to market. Petrotranz COTS provides Producers, Facility Operators (pipelines, truck terminals, cleaning plants) and Marketers the ability to forecast shipping volumes, capture production information, and reconcile delivered quantities to complete and submit delivery forecasts online each month.

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