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Southcross Energy Selects Natural Gas Solution from SolArc for its Growing Gas Marketing and Natural Gas Processing Businesses

Dépèche transmise le 16 septembre 2009 par Business Wire

Southcross Energy Selects Natural Gas Solution from SolArc for its Growing Gas Marketing and Natural Gas Processing Businesses

HOUSTON--(BUSINESS WIRE)--SolArc, a global provider of enterprise commodity management solutions, today announced that Southcross Energy LLC has chosen SolArc’s Solution for Natural Gas as a single, integrated platform supporting gathering, plant processing and gas marketing. Southcross will leverage the SolArc Natural Gas Solution for producer services, managing gathering facility nominations and accounting, plant processing allocations, and to support the physical gas marketing group in position management, scheduling and accounting.

SolArc’s Solution for Natural Gas is a single, integrated platform that supports areas of the natural gas market that have traditionally been supported by multiple products interfaced together. This single-system approach allows organizations to increase productivity while requiring minimal IT support. In addition, the rapid implementation process and intuitive user interface allows customers to begin utilizing the system faster than many other solutions with far less training and consulting oversight required.

“With increasing asset sales in the energy market, many natural gas marketing companies—including plant processors and gathering pipelines—are making the investment upfront to launch businesses or newly acquired assets on technology platforms like the SolArc Solution for Natural Gas,” said Alan Gunn, managing director of SolArc’s natural gas sales. “Southcross was looking for a system that could help it better manage market volatility as well as regulatory and reporting needs across a complex portfolio of assets. The demonstrated success of SolArc technology within the energy markets, combined with Southcross’ deep market knowledge, will enable it to manage midstream processes as well as support natural gas marketing in a more powerful, easy-to-use and cost-effective way.”

Brad Anderson, founder and CEO of SolArc, said, “We’re excited about working with Southcross Energy to deliver our solution for natural gas trading and marketing. The increasing demands of the marketplace require an investment in technology and integrated solutions that enable companies to keep pace. We are pleased Southcross chose SolArc as its solution provider.”

About Southcross

Southcross Energy LLC is a midstream natural gas company engaged in the purchase and sale, pipeline transportation, gathering and processing of natural gas. It operates in South Texas and Mississippi with a total of more than 2,100 miles of pipeline and gathering assets. Tel: 214-979-3709 or visit http://southxenergy.com/

About SolArc

SolArc, Inc. is a global provider of enterprise commodity management solutions. SolArc’s integrated software solution offers customers greater insight and control over their complex commodity supply, marketing and trading environments, delivering increased operational effectiveness and profitability with lower risk.

Since 1991, SolArc has become a trusted solution provider for an international clientele of more than 60 leading corporations across a range of vertical industries, including energy, aviation and transportation, banking and finance, agriculture and consumer goods. SolArc is headquartered in Houston and has offices in Dallas, Tulsa, London and Singapore. For more information, please visit www.solarc.com

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