RES Joins The Canadian Oil & Gas Trade Mission To Lima, Peru November 5th To 7th, 2012

Calgary, Alberta: Resource Energy Solutions (RES) will be displaying its leading-edge, project and cost-management software during the Canadian trade mission to Lima, Peru from the 5th to 7th of November 2012. Technical presentations will be held on November 5th to be followed by one-on-one meetings with interested companies for the duration of the stay to November 7th, 2012. Trade mission activities will be held at the Miraflores Park Hotel, Av. Malecón de la Reserva 1035, Miraflores, Lima 18 – Peru.

In January 2012, Peru had 582 million barrels of proven oil reserves; this was up from 533 million barrels in January 2011. Eleven important new hydrocarbon discoveries have occurred in just the past few years. This surge of exploration and resource development will challenge upstream operators to maintain tight control over capital and operational expenditures. RES software offers enterprise-class data management technology software specifically designed to manage and control capital and in-field expenditures for the oil and gas industry.

AFE Manager provides a role-based workflow system that orchestrates the administration, review, approval and tracking of capital expenditure throughout the whole expenditure life cycle. From proposal and budgeting, to variances, actual costs and close-out, AFE Manager provides a comprehensive audit trail for ensuring that capital costs are managed in accordance with established standards and business rules.

Wellman delivers a workflow environment for in-field and office users in and around well sites that minimizes errors and improves the accuracy of critical well-site information through process standardization of well-reporting workflow; minimizing errors through the elimination of manual processing and information silos created by ad hoc record-keeping and spreadsheet systems.

Both products are also available through RES’ cloud-based SaaS (Software as a Service) license.

For more information, please go to the RES website at:

Because the trade mission’s stay in Lima is brief, we encourage you contact us as soon as possible at:, please be sure to include your full name, company, position and contact information to secure an appointment.

We look forward to seeing you there.

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