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http://www.objectreservoir.com
February 07, 2011 01:22 PM Eastern Daylight Time 

Object Reservoir, Inc. Welcomes Dan J. Piette as Chief Executive Officer

HOUSTON--(BUSINESS WIRE)--Object Reservoir Chairman John Mouton is pleased to announce the appointment of fellow board member and industry veteran Dan Piette as CEO. Dan will lead Object Reservoir in all aspects of its business and will continue to target further growth of Object Reservoir’s strong market position as a technology and services leader in unconventional reservoir analysis.

“We’ve been seeking the right CEO candidate for some time”

As a well respected and recognized business leader, Dan brings more than three decades of executive management experience from six start-up companies providing new technology to the Energy Industry. Over the last seven years he led OpenSpirit Corporation as President and CEO to significant growth resulting in its recent acquisition by TIBCO Software Inc. (NASDAQ: TIBX). OpenSpirit focuses on providing integration solutions for upstream applications and data to E&P companies

“We’ve been seeking the right CEO candidate for some time," said John Mouton, Chairman, Cofounder, and former CEO. "With his broad industry and technology experience Dan is a perfect fit. Object Reservoir’s clients are recognizing a need for new fit-for-purpose tools and workflows for unconventional plays integrating the geosciences with engineering. We are excited to have brought Dan on board and are confident that his leadership will take OR to its next level of growth." Dan will join Steven Wells, Chief Financial Officer; Bryan Anderson, VP of Integrated Reservoir Services; Hamish Nicol, VP of Global Business Development; Steve Ward, VP of Applied Technologies; and Joe Eaton, Chief Scientist on the OR Management Team.

Object Reservoir Inc. is a provider of leading-edge reservoir analysis services and technology to the global E&P industry. The company’s Resolve® finite element modeling, Limits® advanced shale analytics, and ORKA® shale knowledgebase technology are defining advanced workflows for analysis of shale well performance, leading to reliable forecasts of production and recovery factors from early production data.

Headquartered in Houston, Texas, Object Reservoir has its technology and software development center in Austin.

Contacts

Object Reservoir Inc., Houston
Bryan Brownlie, 281-940-0125
bbrownlie@objectreservoir.com
www.objectreservoir.com

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