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3esi Announces Close of Strategic Investment led by Octane Venture Partners

Calgary, Alberta — July 15, 2007

3esi is pleased to announce that Octane Venture Partners, a private Oil and Gas investment fund based in Calgary, has led a strategic investment traunche in 3esi. 3esi delivers an enterprise solution that is designed to support industry business processes by helping companies to:

  • Improve Capital and Cost Efficiency
  • Scale-up Operations
  • Proactively Manage their Business

“Octane Venture Partners is focused on investing in outstanding opportunities in the oil and gas technology sector”, said Michael Dost, Partner. “Octane looks around the world for experienced management teams with compelling opportunities. 3esi’s software solutions for the E&P industry meet a huge need that is not being met. We look forward to being a part of their success.”

“We are very happy to have Octane as one of our investor partners. Their interest and support of new tech- nologies was just what we were looking for in an investment partner.” said Wayne Sim, 3esi CEO.

For more information about this press release or any product offerings from 3esi, please contact us today at info@3esi.com. Let us show you how our enterprise software can become an important tool for your organization.

About Octane Venture Partners

Octane is a Calgary based private investment fund centering primarily on early-stage opportunities, which focus exclusively on Oil and Gas technologies. Octane offers solid operating experience and results-driven venture expertise coupled with funding and a passion for building successful businesses.

For more information, please visit www.octane.com.

About 3esi

3esi is a world-class supplier of innovative software solutions that help E&P companies increase capital ef- ficiency, optimize process, integrate data and applications and perform look-backs throughout the entire Opportunity Life Cycle.

For more information, please visit www.3esi.com.

Contact

Eileen Puczko
3esi inc.
+1.403.270.3270
info@3esi.com
 
Michael Dost
Octane Venture Partners
+1.403.265.3111
mike@octane.com

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