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GrandBasin Announces New President.


Business/Energy Editors & High-Tech Writers

DALLAS--(BUSINESS WIRE)--Aug. 14, 2001

Landmark Graphics Corp., a wholly owned business unit of Halliburton Company (NYSE NYSE

See: New York Stock Exchange
:HAL Hal: see Halle, Belgium.
hal

In Sufism, a state of mind reached from time to time by mystics during their journey toward God. The ahwal (plural of hal) are God-given graces that appear when a soul is purified of its attachments to the material world.
), today announced that John K. Faraguna has been appointed president of GrandBasin, a Landmark company. GrandBasin delivers a comprehensive solution for data, information and application hosting services for E&P enterprises. With the full compliment of Landmark technologies available, combined with the freedom and flexibility to host other third-party technologies, GrandBasin provides the market's most flexible and complete package of customer solutions.

"John Faraguna brings valuable industry experience and leadership expertise to GrandBasin," said John Gibson John Gibson is a common name, shared by:
  • John Gibson (sculptor), (1790-1866) - British sculptor
  • John Gibson (architect), (1817-1892) - British architect
  • John Gibson (Indiana), Territorial Secretary of Indiana Territory
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Landmark. "As president of GrandBasin, I feel certain that he will make significant contributions toward ensuring that GrandBasin continues to be the leading provider in helping our customers realize the benefits of real-time knowledge management through the utilization of data and application hosting and services."

John most recently served as an executive for TopTier Software, a leading enterprise portal See corporate portal.  software company that was acquired by SAP. Prior to that, he was a vice president of Baker Atlas, a division of Baker Hughes Baker Hughes NYSE: BHI is the world's third-largest oilfield services company behind Schlumberger & Halliburton, its main competitors. Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion and production.  Incorporated, where he led in the creation and management of the Geosciences business unit that focused on data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a , data management and software development. John spent five years as a senior consultant for Arthur Anderson/Anderson Consulting, focusing primarily on energy clients. Before that time, he was a senior software engineer for Western Atlas Western Atlas was formed in 1987 through the merger of Western Geophysical (owned by Litton Industries) and Dresser Atlas. The resulting company was a joint venture of Litton and Dresser Industries until it was spun off as a publicly traded company in 1994.  International.

Faraguna received a bachelor's degree in geology and geophysics from Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was  as well as a master's degree in geology from the University of Houston. He also holds an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Stanford University.

"GrandBasin will change the way the E&P industry works by enabling integrated access to the applications, data and information that upstream oil and gas companies need in real time," said John Faraguna. "We will provide the potential to reduce operating costs dramatically while increasing performance and profitability for our customers."

GrandBasin is the leading-edge service provider for data and application hosting in the upstream industry, delivering anywhere, anytime access to the latest analytical knowledge management tools in highly flexible customer-driven configurations. Service offerings include real-time access to Web-based applications and hosting services and the PetroBank family of comprehensive data management technologies and integration services. The flexibility and openness of the GrandBasin business model enables customers to configure a Web-enabled technology and service solution that is right for them in order to reach their peak performance. GrandBasin, a Landmark company, is headquartered in Houston. Additional information is available at www.grandbasin.com.

Landmark is the leading supplier of integrated E&P technical and economic software solutions, cost-effective Web-based data and application hosting, as well as consulting solutions and services to support decision making in finding, drilling and producing oil and gas. Knowledge-based E&P companies are partnering with Landmark to achieve higher levels of technical-to-business (T2B T2B Text to Buy (mobile text messaging to purchace a product)
T2B Talent to Business (Media Talent Network)
T2B Tall Two Box
(TM)) process integration in order to better understand risk management and improve their returns on investment. Visit the Landmark Web site at www.lgc.com for more information.

Halliburton Company, founded in 1919, is the world's largest provider of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments. The company's World Wide Web site can be accessed at www.halliburton.com.

Landmark, the Landmark logo and T2B are trademarks or registered trademarks of Landmark Graphics Corp.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 14, 2001
Words:581
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