Omnira Software Enhances Production Accounting with Acquisition of Adept Solutions

Omnira Software Expands Its Horizons with Adept Solutions Acquisition

In a strategic move to enhance its offerings, Omnira Software has officially acquired Adept Solutions, a recognized leader in complete production accounting solutions tailored specifically for the oil and gas sector. This acquisition is a significant step forward for Omnira as it seeks to solidify its position in the market by integrating Adept's robust product, Axis™, into its suite of offerings.

For nearly two decades, Adept Solutions has been a pioneering force in providing hydrocarbon accounting solutions to the oil and gas industry. Axis™, their flagship product, is utilized by companies globally, ranging from small independents to expansive national and multinational corporations. This system is designed to manage critical production allocation and reporting functions, making it an essential tool for operators aiming to enhance data integrity and gain deeper operational insights.

The addition of Adept’s capabilities aligns perfectly with Omnira's vision of equipping its clientele with powerful tools for informed capital investment decisions and optimized operational execution. As Francisco Gomez, CEO of Omnira Software, remarks, "By merging Adept’s comprehensive production accounting solutions with our existing suite, we reiterate our commitment to supplying software that empowers our clients to make well-informed decisions regarding their investments and operational strategies."

Omnira is enthusiastic about broadening its toolset through this acquisition, allowing them to support clients from production and forecasting to planning and reserves management. Their goal is to enhance efficiency, trust in data, and deliver insights that lead to better decision-making outcomes. Gomez underscores that, “We are continually expanding Omnira's offerings to ensure that we provide our customers with top-tier products and services that they have come to expect.”

On the other hand, Richard Alderson, Managing Director of Adept Solutions, expressed his excitement about joining forces with Omnira, stating, "Having conceptualized Adept and Axis nearly 20 years ago, we are thrilled to merge with a company that shares our values and provides an environment where our team and Axis can continue to thrive. This partnership will enable us to concentrate on innovation and extend our geographical reach, ultimately benefiting our clients with enhanced solutions."

As Omnira welcomes the Adept team, they look forward to the opportunities this collaboration brings. The infusion of Adept’s expertise into Omnira’s operations is expected to streamline processes and heighten accountability in the accounting aspect of operations within the oil and gas industry.

About Omnira Software

Omnira Software focuses on delivering software solutions that assist exploration and production companies in making better investment and operational choices. Their technology streamlines critical business processes, boosts efficiency, and instills confidence in data management while maximizing shareholder value. Omnira is part of the Carina portfolio under Vela Software, a subsidiary of the publicly traded Canadian company Constellation Software, Inc. (TSX: CSU).

About Adept Solutions

Adept Solutions specializes in developing and supporting hydrocarbon accounting systems designed for the oil and gas industry. Their flagship product, Axis™, supports pivotal functions such as production allocation and reporting, earning it usage across numerous oil and gas companies worldwide.