When Entero Corporation invited a select group of clients into their boardroom for a preview of its new production accounting tool (evPA - Plant Allocations and Production Accounting), the response was very positive.

"Clients loved the clarity of the user interface, the configurability of the system, and the way the workflow brings it all together," recalls Steve Remmington, co-founder and president of Entero. "evPA is highly customizable."

evPA is the versatile new solution from Entero that helps energy companies streamline their production allocation, accounting and reporting processes.

With drilling activity at peak levels over the past few years, energy companies are expending significant resources trying to improve their ability to track, allocate, account for and report production. For many, it has been a frustrating exercise.

"It's a bit of a nightmare for producers trying to get a handle on what's going on," explains Karen Lukacs, Leader of the PA and Trading business units at Entero. "It's the perfect storm - drilling and merger activity is incredibly high, royalty regulations continue to require greater detail, and experienced people are scarce and mobile."

Operational requirements are constantly changing and evPA is a modern solution that Entero believes will simplify the lives of producer-operators; saving them time, dollars and grief.

For over 10 years, Entero has been a leading software provider with evTM (Trading and Marketing) serving international natural gas liquids (NGL) and other commodities.

The introduction of a suite of new Entero products, including evPA, marks the company's entry into the upstream oil and gas market. For Entero, it is a natural progression for their integrated software suite.

"NGL processing and logistics represent a narrow, but highly complex, niche. Development of marketing, logistics and accounting systems for this market has enabled us to refine many concepts applicable to modeling any physical flow of liquids or gases, which is the foundation of plant allocations and production accounting for E&P companies," explains Lukacs.

This move builds on Entero's strengths, and benefits their existing clients. One benefit is that evPA allows users to tie their upstream activity directly to their marketing activity, minimizing costly pipeline imbalances. Clients also benefit from the technological advances Entero is making to their entire software platform.

Clients are telling Entero that new and ever more stringent regulatory expectations have placed unforeseen burdens on their current accounting systems. That, coupled with high turnover rates in Calgary's marketplace, is stretching production accounting teams to the limit.

This increases the use of spreadsheets to keep up with the increasing load and complexity of information, leading to costly errors, duplication of effort, and the need for frequent amendments.

Entero designed evPA as a multi-purpose software solution to help eliminate these problems because it can handle complex plant infrastructures within the system.

"We're excited about it," Remmington comments. "It should have a significant impact on the efficiency and effectiveness of our clients' processes."

Some of the features in evPA include:

* Flexibility: evPA provides advanced modeling and configuration capabilities for complex physical infrastructures, allocation rules, multi-dimensional deeming, royalty calculations and reporting.

* Ease of Use: The user interface is intuitive and can be tailored to each role, property and individual preference. Property infrastructures may be displayed as schematic diagrams aiding training and efficient user navigation. "A picture is worth a thousand words," says Lukacs. Simply clicking on a location in the diagram provides the user with all the information related to that location, including all flows in and out of the location (by configurable dimensions such as product, component, owner and source location). Clients can match what they have modeled in the system to their infrastructure schematics.

* Control: evPA's built-in workflow management tool documents every step of the daily allocation and monthly production accounting processes.

This translates into simplified training and maximum control throughout the entire process.

evPA was developed by Entero in co-operation with their clients. It represents an important step forward in work flow management automation. Pete Goldberg, Team Lead of Operations with evPA, has seen many of the production accounting systems that are available. He is very optimistic about evPA'S impact in the market. "The graphical interface, the ability for the user rather than a programmer to adjust to changing requirements, and the look and feel are all major reasons why I joined Entero."

"evPA is a strong complement to our existing midstream solutions, evTM and evFM. Like these products, evPA is built on a sound technological foundation and backed by our service and support infrastructure," says Lukacs.

"We are setting the standard on that front by working with our clients on a level of integrity we feel sets us apart. We will answer your calls, and work each item with you," says Lukacs.

For details, please access www.entero.com.

Contact Entero via this toll-free number: 1.877.261.1820.

In Calgary call: 261.1820 or email Karen Lukacs at: Karen.Lukacs@entero.com or Pete Goldberg at Pete.Goldberg@entero.com