P2 Energy Solutions

P2 Energy Solutions
P2 Energy Solutions
Industry Software
Founded 1999
Headquarters Denver, CO USA
Key people

Bret Bolin, President & CEO
David Verdun, Chief Technology Officer
Andrew Hicks, Chief Financial Officer
David Muse, SVP Global Sales and Marketing
Audrey Rogers, SVP, Human Resources

Eric Thurston, SVP, Operations
Employees 700 (2011)
Website www.p2energysolutions.com

P2 Energy Solutions provides financial and accounting management software, geospatial data, land asset management tools, well lifecycle management solutions and outsourcing services[1] to both the upstream and mid-stream oil and gas sectors as well as the alternative energy sector.

Operating from its headquarters in Denver, Colorado, P2 also has offices in Houston, Texas; Calgary, Alberta, Canada; Fort Worth, Texas; San Antonio, Texas; Livingston, New Jersey; Tampa, Florida; Dubai, UAE; and Tunis, Tunisia.

P2 employs nearly 700 people and is a privately held portfolio company of Vista Equity Partners.

History

P2’s roots date back to 1999, when a group of investors formed Petroleum Place Energy Advisors and bought the Oil and Gas Asset Clearinghouse. In 2000, Petroleum Place purchased Paradigm Technologies, home of the accounting solution, Excalibur.

In 2003, Petroleum Place merged Paradigm, Novistar (formerly Oracle Energy), and business process outsourcing firm Petroleum Financial, Inc. to form P2 Energy Solutions.

The following year, P2 acquired spatial data solution, Tobin International. In 2005, P2 acquired the Canadian solution, Qbyte. PetroSoft, and Wellcore followed in 2007 and 2008. P2’s most recent additions came in 2011, when Explorer Software Solutions and WellPoint Systems were acquired[2].

References

  1. ^ One Company, Many Solutions
  2. ^ Strategic acquisition just one prong of P2 Energy Solutions' growth

External links


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