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Ceiba Energy Services Implements Petrotranz COTS

Ceiba Energy Services Implements Petrotranz COTS

July 1, 2014 | Download News Release (PDF, 396kb)

CALGARY, AB, Canada (July 1, 2014) - Petrotranz Inc., is pleased to announce that Ceiba Energy Services is implementing the Petrotranz Crude Oil Transportation System ("COTS"). Petrotranz Inc.'s COTS is a 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.

"We are very pleased to announce that Ceiba Energy Services has committed to implement Petrotranz COTS to better manage their forecasting, volumetrics and splits processes internally and for their stakeholders", says Paul Howard Johnson, President, Petrotranz Inc. "Companies that are leveraging COTS improve their internal processes and receive tremendous value and benefits from workflow automation and data exchange."

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) and the Liquids Transportation System (LTS) which are utilized to manage transportation and logistics information related to the 3 month crude oil and liquids lifecycle. Petrotranz also launched the Petrotranz Data Exchange (PDX) in January 2014. PDX is a secure, web-based data exchange that makes information available in an electronic format between relevant stakeholders (Facility Operators, Shipper Marketers and Producer Operators).The Petrotranz Technology Platform is used by over 1000 companies managing over 95% of crude oil and liquids volumes 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.

To learn more, please contact:

Dallas Smith Petrotranz | VP, Operations 403.984.0861