Denbury Resources Selects Quorum Land Software.Energy Editors/Business Editors HOUSTON--(BUSINESS WIRE)--May 11, 2004 Quorum A majority of an entire body; e.g., a quorum of a legislative assembly. A quorum is the minimum number of people who must be present to pass a law, make a judgment, or conduct business. Business Solutions Inc. (Quorum) announced that it has entered into a licensing agreement with Denbury Resources Inc. (NYSE NYSE See: New York Stock Exchange :DNR See dynamic noise reduction and domain name resolver. ) for the Quorum Land software product. Denbury is an independent oil and natural gas company engaged in acquisition, development and exploration activities in the Gulf Coast region of the U.S., holding significant reserves and production in the state of Mississippi. As part of its objective to increase the value of acquired properties, Denbury has been actively engaged in an initiative to modernize its overall business systems infrastructure including systems to manage land and lease management. Denbury selected Quorum Land after a competitive evaluation of commercial land and lease management software alternatives. The range of functionality offered by Quorum's product, positive references from current Quorum Land Clients and a competitive price were key factors in Denbury's decision. The project to implement the solution commenced in April 2004. "After conducting an exhaustive review of available land and lease management software solutions, Quorum Land emerged as the best choice to address our requirements," said John McDaniel John McDaniel (born September 23, 1951 in Birmingham, Alabama) was an American football wide receiver in the National Football League for the Cincinnati Bengals and the Washington Redskins. He played college football for Lincoln University of Missouri. , land manager, Denbury Resources. "In addition to offering the best product, Quorum also demonstrated genuine interest in our success." About Quorum Business Solutions Inc. Quorum Business Solutions Inc. is a product-centered consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" company that designs, develops, implements and supports business software solutions with a unique approach to helping clients obtain long-term value. Quorum provides industry standard energy software solutions as well as software products that support selected business processes across multiple industries, including Contract Management software. Founded in 1998, Quorum now has over 140 staff operating out of offices in Houston, Dallas, and Calgary. Represented among Quorum's clients are over 20 Fortune 500 companies. Quorum provides the Quorum Energy Software Suite, a set of business applications for the energy industry that includes TIPS, the de facto [Latin, In fact.] In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate. industry standard solution for gas processors. Quorum's energy software products are used by companies that produce, gather, transport, process and market natural gas and other energy commodities. The company's products include Contract Management, Land and Lease Management, Production and Revenue Accounting, Gathering Management, Environmental Management, Joint Interest Billing, TIPS (Gas Plant Accounting and Allocations), Measurement, Right of Way, Pipeline Transaction Management, Pipeline Integrity Management, Liquids (NGL NGL - A dialect of IGL. ) Marketing, Gas Marketing, and LDC LDC See: Less developed countries LDC See less developed country (LDC). Transportation Management. For more information, visit Quorum's Web site at www.qbsol.com or call us at 713-430-8601. |
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