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Classified in: Oil industry, Science and technology
Subject: PDT

Drillinginfo Launches Executive Deal Summary to Accelerate Oil & Gas Industry Investors' Access to the Latest M&A Information


AUSTIN, Texas, Dec. 12, 2018 /PRNewswire/ -- Drillinginfo, the leading energy SaaS and data analytics company, today announced the release of its new Executive Deal Summary platform designed to quickly provide oil and gas industry executives and investors with detailed summaries of pending or recently-completed M&A activities which would otherwise take several days to source, distill and analyze. Executive Deal Summary represents the first integration of the databases and expertise of Drillinginfo, PLS and 1Derrick following Drillinginfo's acquisition of both companies earlier this year.

Drillinginfo, Inc. (PRNewsFoto/Drillinginfo, Inc.)

Executive Deal Summary provides one publication with all information relevant to a deal which researchers and analysts can deliver to their senior leaders and decision-makers within 48 hours after a major transaction (e.g., $50 million or higher) occurs or is announced. Users do not even have to take the time to build new workspaces in their Drillinginfo dashboards each time a new deal occurs. EDS automatically populates pre-built workspaces based on an individual's content preferences (i.e., charts on rigs count and active permits by operator, and maps displaying leasing and rigs and permits locations). 

These features combine to relieve users from having to consolidate and analyze volumes of raw data from multiple sources. EDS provides fast one-click access to the drill down data so users can quickly make decisions and stay ahead of their competitors.

"Drillinginfo is the only provider capable of bringing together powerful transaction data and analysis, historical data from years of collection and objective industry data including production, rigs, permits and leases in a single source for decision-making," said Colin Westmoreland, Senior Vice President & General Manager, Market Research at Drillinginfo. "Drillinginfo, PLS and 1Derrick offer more than 50 years of experience in collecting, analyzing and reporting on O&G industry transactions. No other company can build such an enormous and detailed library from scratch, or match the speed at which we can deliver such a thorough analysis of a significant new deal."

Each Executive Deal Summary publication is built by collecting the most current market information, and combining it with Drillinginfo's data and the massive volumes of information contained in over 2.5 million source slides in the PLS and 1Derrick M&A databases, including:

For example, Cimarex Energy announced on November 19 it would buy Resolute Energy in a deal valued at $1.6 billion. By November 21, the Drillinginfo Market Research Team produced the deal's Executive Deal Summary by incorporating information from a variety of sources including Cimarex's acquisition presentation, recent Resolute investor presentations and quarterly reports, and the Drillinginfo data library. Follow this link to view the full deck.

Executive Deal Summary is a feature available now at no additional cost to all Drillinginfo, PLS and 1Derrick M&A database subscribers, and will be integrated into the Drillinginfo M&A Dealmaker Platform scheduled to launch in early 2019.

For more information on Drillinginfo's Executive Deal Review, please visit the Drillinginfo web site.

About Drillinginfo
Drillinginfo delivers business-critical insights to the energy, power, and commodities markets. Its state-of-the-art SaaS platform offers sophisticated technology, powerful analytics, and industry-leading data. Drillinginfo's solutions deliver value across upstream, midstream and downstream markets, empowering exploration and production (E&P), oilfield services, midstream, utilities, trading and risk, and capital markets companies to be more collaborative, efficient, and competitive. Drillinginfo delivers actionable intelligence over mobile, web, and desktop to analyze and reduce risk, conduct competitive benchmarking, and uncover market insights. Drillinginfo serves over 3,500 companies globally from its Austin, Texas, headquarters and has more than 900 employees. For more information visit drillinginfo.com.

 

SOURCE Drillinginfo


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