RS Energy Group Forms Strategic Partnership with FourPoint Energy and LongPoint Minerals
February 20, 2019
CALGARY, Alberta–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/EnergyInsights?src=hash” target=”_blank”gt;#EnergyInsightslt;/agt;–RS
Energy Group (RSEG) is excited to announce it has formed a strategic
partnership with Denver-based FourPoint
Energy and LongPoint
Minerals, uniquely pairing RSEG’s best-in-class energy intelligence
and advanced analytics with FourPoint’s and LongPoint’s industry-leading
technical interpretations. This relationship will allow FourPoint and
LongPoint to leverage RSEG’s solutions, extending the depth and breadth
of their technical evaluations while collaborating on innovative future
projects.
“We are very proud to have firms of FourPoint’s and LongPoint’s quality
as strategic partners,” said Manuj Nikhanj, president and co-CEO of RS
Energy Group. “With FourPoint’s active acquisition and drilling strategy
as well as LongPoint’s mineral expertise, the technology and data
science advancements that we are developing together will solidify each
company’s core capabilities while changing the way the industry makes
decisions.”
In the last few years, RSEG has established strategic relationships with
a select group of operators and investors that view innovation, advanced
analytics and technology as a competitive edge. The strong technical
teams and data-driven cultures that FourPoint and LongPoint bring to the
table will help RSEG in its continuous efforts to bring the best
solutions to the market.
“We view ourselves as extremely data centric and technically driven.
Establishing a partnership of this caliber further increases the
credibility of our technical story and allows us to benchmark our
technical interpretations against a broader industry perspective,” said
Kamil Tazi, executive vice president and COO for both FourPoint Energy
and LongPoint Minerals.
“Our organizations each view this as a highly coveted, collaborative
opportunity,” said George Solich, president and CEO for FourPoint and
LongPoint. “We see significant competitive advantages with this
relationship and are excited about leveraging RSEG’s innovative
technology, advanced analytics and leading-edge data science/machine
learning capabilities to further unlock value and optimally exploit
assets.”
About RS Energy Group
RS Energy Group (RSEG) empowers improved decisions with innovative
technology backed by over 20 years of industry experience delivering
advanced analytics and forensic research. Since 1998, RSEG’s dedicated
team of engineers, economists, geologists, developers, CFA
charterholders, data scientists and mathematicians has provided
integrated, thorough and objective analysis to institutional investors,
private equity firms and corporate clients. Headquartered in Calgary,
Alberta, RSEG is a privately-held company with additional offices in
Houston, Philadelphia, New York City, and Winchester, UK.
To learn more visit www.rseg.com
About FourPoint Energy
FourPoint Energy is a privately held acquisition, exploration and
production company headquartered in Denver, Colorado. The company
currently operates assets in both the Western Anadarko and Permian
Basins.
About LongPoint Minerals
Headquartered in Denver, LongPoint Minerals is a leading mineral and
royalty acquisition company. Through the combination of a rigorous
technical approach to evaluations, extensive land capabilities and
financial flexibility, LongPoint has created a more efficient and
advanced approach to buying minerals. The company is currently focused
on the purchase of mineral interests in the Midcontinent and Permian
Basins.
Contacts
Heather Huften
RS Energy Group
heather.huften@rseg.com
Jenna D. Samek
FourPoint Energy & LongPoint Minerals
jsamek@fourpointenergy.com