CAPPA Panel will Review EPAP and the Impact on Production Accounting
CALGARY, Oct. 20 /CNW/ - Quorum Business Solutions, Inc. (Quorum), a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, announces that Eric Hazeldine, Vice President of the Quorum Canadian practice, will participate on a panel discussion focused on preparing for the Energy Resource Conservation Board's (ERCB) new Enhanced Production Audit Program (EPAP).
Quorum will discuss key considerations and best practices for aligning business processes and controls to meet the requirements the new directive will place on operators. These topics include: developing methods to track and control measurement values from recording devices to related accounting systems, automating processes that result in volumetric submission to the Petroleum Registry of Alberta, and the benefits of having controls and conducting self-evaluations, such as increased accuracy and completeness of volumetric data, and decreases in revisions and amendments in production accounting and joint venture accounting.
The Canadian Association of Petroleum Production Accounting (CAPPA) is a non-profit organization that was founded in 1961 to provide a common body and voice for those involved with accounting for petroleum products. The 2009 CAPPA Conference takes place on Wednesday, October 21 at the BMO Centre in Calgary, AB.
About Quorum Business Solutions, Inc.
Quorum Business Solutions, Inc. is a software and consulting solutions company that develops, implements, and supports a suite of business software solutions for the energy industry with a unique approach to providing a longer product life span. Founded in 1998, Quorum employs over 350 staff operating out of offices in Calgary, Houston, and Dallas. Quorum has ongoing relationships with over 100 clients, among which 25 Fortune 500 Companies are represented. Throughout its ten year history, Quorum has successfully completed over 400 business and information technology projects.
For more information, visit Quorum's web site at www.qbsol.com or call us at 403-668-4332.
SOURCE QUORUM BUSINESS SOLUTIONS (CANADA) INC.
For further information: For further information: Jessica Sumners, Quorum Business Solutions, Inc., (713) 430-8624, firstname.lastname@example.org