LMK Resources

Infobox Company
name = LMKR Resources

type = Private Conglomerate
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foundation = 1994
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key_people = Atif Rais Khan (Chairman) Shabana Khan (VP Operations) Tayyab Malik (VP GeoTechnology)
industry = Petroleum, IT
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num_employees = 700+
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homepage = http://www.lmkr.com/
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LMKR Resources is a global provider of Geo-Technology and Information Technology services to businesses and governments. The company is headquartered in Mauritius with regional offices in Dubai, Malaysia, Mauritius, Trinidad, Pakistan and USA. Islamabad hosts LMKR’s largest offshore development and services center. The company has expertise in developing and implementing advanced solutions for storage, processing, simulation and integration of sub-surface data. Additionally LMKR offers IT management and business process automation services and consultancy to a broad spectrum of industry verticals across the globe. The company is supported by over 650 geoscientists and information technology experts offering services in over 20 countries. Currently, LMKR offers its services through three functional divisions namely Geotechnical Services, Information Management and Information Technology.

History

The company was founded in 1994 by Atif Rais Khan by the name of Mathtech offering Petroleum IT services. In 2001, Landmark Graphics Corporation (LGC), a wholly owned subsidiary of Halliburton, acquired majority shareholdings in Mathtech.

The Mystery behind the Logo

LMKR's unique logo, in the bold color of navy blue, was designed by
Ismail Gulgee, the internationally renowned sculptor and Painter.

Geotechnical services

LMKR offers geotechnical solutions and services to the upstream sector globally. Services are offered through various offshore centers and onsite support and consultants. Core services offered are Geoscience Software Support and Consultancy, Seismic Processing Consultancy, Petrophysical Services, Geoscience Software Testing, Petroleum Engineering Services and Integrated Interpretation.

Information management

The company provides upstream information management solutions and services through a series of offshore centers. Additionally, LMKR offers remote services over high-bandwidth internet connections. Core service offerings include Physical Data Management, Corporate Data Management and Project Data Management. LMKR holds the sole rights of managing, archiving, marketing and sale of Pakistan's geological and geophysical digital and hardcopy seismic and well log data.

Information technology

The company offers enterprise software solutions to various businesses across the world. Currently the key offerings include E-Governance and Enterprise Resource Planning (ERP) solutions; RFID and biometrics based identification and security solutions; automated software testing services and training simulations.

Recent developments (2007)

Share repurchase agreement with Landmark Graphics Corporation (LGC)

LMKR Holdings, a company within the Khan Group headed by Atif Rais Khan, signed a definitive share purchase agreement on December 06, 2006, with Landmark Graphics Corporation (“Landmark”), a wholly owned subsidiary of Halliburton (NYSE: HAL), re-acquiring Landmark’s shares, in LMK Resources.

Investment in Scrybe, Corp

LMKR recently set up a venture capital unit primarily investing in IT and petroleum technology start-ups. The first of a series of investments was made in a US-based technology start-up called [http://www.iscrybe.com Scrybe, Corp.]

Investment in LMKR Holdings by Actis

[http://www.act.is/press/releases/prlmkr.asp Actis] , a private equity investor in emerging markets has recently acquired a 49% interest in LMKR Holdings.

External links

* [http://www.lmkr.com/ Official website]
* [http://www.act.is/press/releases/prlmkr.asp Actis]
* [http://www.iscrybe.com Scrybe]

References

* [http://www.ppisonline.com/ Pakistan Petroleum Information Service Online]
* [http://www.ppepdr.com/ Pakistan Petroleum Exploration and Production Data Repository]
* [http://www.halliburton.com/ Halliburton]