How VERDAZO enabled an O&G startup to thrive during tough economic times

October 27, 2016 by

Our Oil & Gas clients continue to emphasize an increasingly acute need to do things smarter, simpler and more cost-effectively across their organizations. That’s one of the reasons why VERDAZO has been effective for them: it enhances their analytical capability and capacity no matter their economic constraints. This is important for any producer where the order of financial magnitude of a decision can be in the multi-millions of dollars. However, it may be even more critical for junior companies who often walk a thin financial line on the way to full capitalization and initial production.

When Calgary-based Burgess Creek Exploration was founded in 2015, VERDAZO was its very first purchase.With 20 years of experience in the industry, President & CEO Kory Galbraith knew he could use our software to do everything from building a compelling case for initial investment capital to keeping his team lean (without sacrificing analytical insights) to creating data-driven consensus across his organization.

We have always been deeply invested in our clients’ success and to see Burgess Creek thrive in such difficult economic times is a point of pride in our office. We’re very pleased at the contribution our software made to its growth.

You can read the story of how Burgess Creek used VERDAZO here.

Burgess Creek