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Senior Executives Attend 2006 Oil and Gas Executive Forum

Calgary, Alberta — June 30, 2006

On June 14th, 2006 at the Hyatt Regency in Calgary, Alberta, Canada more than 50 senior Oil and Gas executives at- tended the sold out 2006 Oil and Gas Executive Forum, the theme of which was “Improving Capital Efficiency in the Wake of an Energy Imbalance”. The event was hosted by 3esi, and co-sponsored by ARC Financial Corporation, Energy Navigator Inc. and Rose & Associates.

Keynote addresses were delivered by Peter Tertzakian, Chief Economist of ARC Financial Corporation; Brian Moreland, Director of Integration ConocoPhillips Canada and Ex-VP of Planning and Strategy for Burlington Resources; and Wayne Sim, CEO and President of 3esi.

Topics addressed at the forum ranged from the coming oil break point and how this time it is different to how Oil and Gas organizations need to recognize the challenges of delivering on their E&P commitments and how the new oilman will be the most successful, to the need for change and what new and evolving technologies mean to the Oil and Gas industry.

Attendees had some valuable comments about the nature of the forum following the conclusion of the presentations. Some of what they had to say:

“This forum offered senior oil and gas leaders the chance to share their knowledge and experience, and to explore the theme of Improving Capital Efficiency in the mature Western Canada basin. Recent corporate developments, e.g. the Anadarko sale, indicate that Western Canada E & P needs to compete continentally, especially with the increase in the Canadian dollar. The forum provided the opportunity to discuss challenges that the industry is facing, as well as hear about new solutions that are available,” said Paul Ziff, CEO of Ziff Energy Group

“This event was a great opportunity to exchange industry insights and highlight future challenges. The forum identified concepts that will improve capital efficiency, portfolio management, and ultimately producer profitability in years to come.” said Shaun James, V.P. Engineering and Operations of Caltex Energy.

About 3esi

3esi inc. is an international E&P software and services company with headquarters in Calgary, Alberta, Canada. For more information on this event or our presentations, please visit www.3esi.com

Contact

Eileen Puczko 3esi inc.
+1.403.270.3270
info@3esi.com

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