Press Release Headlines

Rose & Associates Partners with VISAGE to Provide More Effective Risk Analysis

CALGARY, Alberta, Dec. 9, 2013 /PRNewswire/ — Visage Information Solutions Inc. (www.visageinfo.com), visual analytics software provider for the oil and gas industry, and Rose & Associates LLP (R&A, www.roseassoc.com), the leading E&P risk analysis consulting firm, today announced a partnership that will marry VISAGE big data analytics with sage industry risk assessment methodologies. The partnership will bring a VISAGE presence to Rose & Associates courses and consulting engagements and will heighten the role VISAGE plays as a key component of risk analysis for clients.

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VISAGE products and services benefit from Rose & Associates breadth of experience as a thought leader in E&P risk analysis, extending the software's global and domestic market reach. R&A will leverage the analysis capabilities offered by VISAGE to compliment course materials and ultimately enable clients to more easily complete risk analysis methodologies.

"More than 10 years ago I participated in an R&A course and remember it being one of the most insightful courses I've ever taken," said Bertrand Groulx, President, Visage Information Solutions. "It shaped my understanding of probabilistic methodologies and eventually influenced how we designed VISAGE. We look forward to working with R&A and advancing VISAGE to better meet clients' risk analysis needs."

"When we first saw VISAGE in action we were thrilled to see software that was advocating the analysis techniques that we teach to our clients," said Gary Citron, Managing Partner at R&A. "The speed at which VISAGE can analyze plays, develop type curves and slice and dice cumulative probability distributions will be a valuable asset to any of our clients undertaking proper risk analysis, particularly on unconventional plays."

The collaboration with R&A will see VISAGE capabilities exposed to more clients through R&A courses and consulting engagements. The experience and insight offered by R&A will help fuel VISAGE innovation and further position VISAGE as the leading analytics software designed specifically for the oil and gas industry.

About Visage Information Solutions

Visage Information Solutions Inc. provides self-serve visual analytics for the oil and gas industry, utilizing both public and proprietary data. VISAGE analytics software offers insight to improve the decisions and strategies of oil and gas producers, investors and financiers. Visage Information Solutions is a private company founded in 2006. The company is passionate about how improving the analytic maturity of global oil and gas producers can transform their operational efficiencies and profitability. New Technology Magazine recognized VISAGE as a Technology Stars 2011 winner for Best Exploration Technology.  For more information visit www.visageinfo.com or watch this short, introductory video.

About Rose and Associates

Rose & Associates, LLP has the best collection of global play and prospect valuation experts who communicate clearly across multiple disciplines, organizational levels and cultures. R&A professionals have extensive experience as explorers, developers, risk and portfolio analysts. They are known for their ability to understand and exceed customer expectations. They serve companies of all sizes from independents to Fortune 500 and National Oil Companies. Their clients cover all disciplines from geoscientists, engineers, managers and executives to investment bankers. For more information visit www.roseassoc.com.

For further information, contact:

Gary Citron
Managing Partner
Rose & Associates LLP
Phone: (713) 528-8422
Email

Jim Gouveia
Partner
Rose & Associates LLP
Phone: (403)-875-6339
Email

Bertrand Groulx
President
Visage Information Solutions Inc.
Mobile: (403) 561-6876
Email