Northwoods Energy by W Energy Software

Welcome

“What we heard from you”  Current Technology for Accounting and Land is:  Expensive  Hard to use  Not on the Current version  Not leveraging modern technology The End of 2020 presents a unique opportunity for Northwoods to upgrade systems around Accounting, Land, Reporting, Well Work, and Mobility while also SAVING Money.

Introductions & Background 

Founded in 2009, Dedicated to bringing latest technologies to enable Energy Companies new efficiencies

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Unified Upstream and Midstream software platform

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Headquarters in Tulsa, Oklahoma, presence in Houston, Dallas, Denver

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Executive team averages over 25 years of experience in energy software development

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Corporate Vision Apply the latest technologies and process excellence to enable a unified, transparent energy supply chain. 

Provide the best service in the industry

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Use modern technology to enable today’s modern enterprise

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Leverage world class application architecture to radically impact application performance

W Energy Differentiators

Upgrades Made Simple

Modern Technology

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Modern Technology  Web based architecture tuned for high performance  Intuitive user experience promotes efficiency and rapid adoption  Tight integration enables data transparency and visibility

Cost Model Innovation  Transparent license and upgrade model promotes lowest cost of ownership  Elastic cloud deployment options enable flexible infrastructure cost base

Unmatched Support  Corporate culture and refined processes promote ‘Best-inClass Service’ leading to industry best client retention  Client’s partner with W Energy to drive the direction of the solution

Best in Industry Support & Customer Experience 2018 Market Survey “Every opportunity I get I remind everyone within ear shot how fortunate we are to have such a cooperative and responsive business partner. This is yet another opportunity and I just sent a message to my boss and boss’s boss reiterating this point. I can’t tell you how much I appreciate and enjoy working with you guys!” - Senior Business Analyst, ExxonMobil

+100

+5 0

Apple

W Energy +70

-50

-100

Southwest Airlines

+66

+47

-8

-70

United Airlines

-37 to -40 Other Energy Software Vendors

Comcast

Upgrades Made Simple  An upgrade path built for you  As needed over the course of a year, we release only to you specific enhancements and fixes. Annually we release a composite of industry best enhancements  QA, by us, with your data  Our team tests the incremental as well as the annual release with your data, only once it has passed all of our comprehensive battery of tests do we release it to you for validation  No Project, No Cost  Our Managed Application Upgrades service is provided at no cost

Representative Clients

Quorum Clients that Switched to W Energy

Client Feedback “The system is clean and easy to manage…that’s what all of the accountants said after seeing all the vendors. Waterfield was simple and to the point and did what needed to be done.” VP, Yates Petroleum / Agave Energy

“Using the system has really sped up my monthly processes. I’m spending 50% less time on my most complicated assets now than I was before.” Senior Revenue Accountant, Harvest Pipeline

Product Suite Dashboards and Reports wellhead

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PLANT ACCOUNTING

Field Data Capture

Intrastate Gas Pipeline Crude, NGLS, & Refined Products Pipeline

plant

INTERSTATE GAS PIPELINE: FERC

compressor station

NGL Products chemical plant

GAS OR CRUDE GATHERING LIQUIDS TRANSPORTATION/

ACCRUAL

FORECASTING

TERMINAL MANAGEMENT

Production Accounting

Tax & Regulatory

AFE

Revenue Accounting

Purchase Order

Labor Distribution

Joint Interest Billing

Expense Reimbursement

Lease Admin/GIS

Marketing

Division Order

Financial Accounting

Fixed Assets

System Design Principles Cloud technologies enable streamlined application management, enhanced performance and bullet proof

Application architecture

security

Holistic data architecture design benefited from a full supply chain focus and philosophy

designed deliberately to enable

efficient business processes and to maximize performance

Usability principles applied to

minimize redundancy, speed adoption by new users and allow power users to be highly effective

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Upstream ERP Software Full Upstream ERP, Land Management, Field Data Capture and more

Upstream Product Overview

MAIN MODULES

Production Accounting

Land Management

Division Order

ANCILLARY MODULES

Tax and Regulatory

Marketing

Field Data Capture

Revenue Accounting

Cost Accounting

Financial Accounting

Upstream Product Overview

Land Management

Drilling and Well Work

Production Operations

Field Data Capture

Financial Accounting

Division Order

Fixed Assets

Expense Reimbursemen t

Marketing

Contract Management

Authorization for Expenditure

Expense Distribution

Gas & Crude Gathering

Accrual

Tax and Regulatory

Forecasting

Purchase Order

Volume Balancing

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Upstream to Midstream in ONE ERP Platform

Land Management

Drilling &Production Operations

Oil & Gas Accounting

Gathering, Processing & Distrubution

Transportation

Storage & Logistics

Financial Accounting

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Client Feedback “Every opportunity I get I remind everyone within ear shot how fortunate we are to have such a cooperative and responsive business partner. This is yet another opportunity and I just sent a message to my boss and boss’s boss reiterating this point. I can’t tell you how much I appreciate and enjoy working with you guys!” Senior Business Analyst, ExxonMobil

Thank you! Jeremy Funk, Director of Business Development 720-560-5813 Jeremy.funk@wenergysoftware.com