Petrotranz selected as ITC billing contractor
CALGARY, AB, Canada (December 21, 2012) - Petrotranz is pleased to announce that we have been selected by the Industry Technical Committee to provide billing services.
The mandate of the Industry Technical Committee ("ITC") is to be a financial oversight committee with four functions:
Under the terms of the agreement Petrotranz will deliver the following services:
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 first commercial application developed by Petrotranz was the Crude Oil Transportation System (COTS) used to receive and manage forecast and splits information for all relevant stakeholders automating the 3 month crude oil lifecycle. COTS is used by over 425 companies to manage more the 1 Million bbl/d of crude oil forecast volume in the Western Canadian Sedimentary Basin.
Petrotranz also provides volumetric and financial management industry services and actively serves as the COLC Administrative Manager.
To learn more, please contact:Dallas Smith Petrotranz | VP, Operations 403.984.0861
Petrotranz Inc. is a Calgary based technology company that has created a secure, easy to use, web-based communication and collaboration platform used to automate manual or inefficient processes in the energy industry. The Petrotranz Team consists of members that have significant first hand energy industry expertise as well as members that have extensive experience in building, delivering and supporting world-class commercial software applications and companies.