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  News & Events: Press Release

EMK3 Selected by Merit Energy

Dallas, TX, May 04, 2006 -- EMK3 announced that Merit Energy Company, of Dallas, TX, has selected EMK3 as their enterprise software provider to manage crude oil, natural gas and natural gas liquids marketing and transportation. Under the agreement, BearingPoint’s project management and systems integration expertise will be leveraged to support EMK3’s implementation team on the project.

EMK3’s web-based suite of marketing applications will be seamlessly integrated with Merit’s existing technology infrastructure including the SAP’s Production Revenue Accounting system (PRA), increasing efficiencies and tighter internal controls. The scope of Merit’s implementation includes market data pricing and analysis, contract administration, nominations and scheduling, pipeline and partner balancing, available for sale management, invoicing, as well as EMK3’s robust reporting and analysis tools. Implementation for all U.S. domestic business is expected to be fully completed in August.

About EMK3
EMK3 (www.emk3.com) is a market leader in providing information technology solutions designed specifically for oil and gas producers, enabling them to transform the way production volumes are sold and priced from the well. EMK3’s applications help producers realize key business objectives across the marketing and transportation process and achieve significant, sustainable improvements in revenue, productivity, and internal controls. EMK3’s headquarters’ is located in Corpus Christi, TX, with offices in Dallas, TX and Houston, TX.

About Merit Energy Company
Merit Energy Company is a private firm specializing in direct investments in oil and gas assets. Our dedicated and proven investment strategy has been implemented since the Company was formed in 1989 and has been successful year after year. The senior management team has worked together for over a decade embracing the same investment philosophy and instilling a culture within the organization of respect and responsibility at every level of the Company. This, combined with our intensive engineering and operational focus, has enabled us to consistently create value for our investors and create a dynamic environment for our employees.

CONTACT:
Terry Coulter
EMK3
972-267-3653
tcoulter@emk3.com
http://www.emk3.com


 
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