The InSight CM platform is designed to provide real-time position, exposure, and risk management for the company to enable efficient operations, while meeting all its reporting and audit requirements.
Tourmaline Oil natural gas manager Sherra Aspin said: "Tourmaline had outgrown its current systems and it was imperative we invest in an advanced, multi-commodity ETRM software platform to support our rapidly expanding oil and gas operations.
"Eka offered the most comprehensive solution with the lowest total cost of ownership, providing the best value. With a single platform that integrates all front, middle, and back office functions, everyone has the information needed to best perform their roles."
Eka’s energy solutions are designed to manage financial derivatives and physical contracts for crude and refined products, natural gas, natural gas liquids (NGL), liquefied natural gas (LNG), power, coal, and biofuels.
The ETRM solution covers all aspects of a transaction, including trading, risk management, processing, scheduling, logistics, and accounting.
Intermediate crude oil and natural gas exploration and production company, Tourmaline Oil is focused on exploration, development, production and acquisition in the Western Canadian Sedimentary Basin.
