ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ZED Zedi Inc.

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Zedi Inc. TSXV:ZED TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Centrica Energy Upstream turns to Zedi to help reduce operating costs

24/04/2013 10:30pm

Marketwired Canada


Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE:ZED) - Centrica Energy Upstream
implemented approximately C$1 million of Zedi technology that was purchased in
late 2012 to automate 76 existing measurement sites across Western Canada. These
sites were retrofitted with Zedi's automated field devices, Smart-Alek and Zedi
SCADA, in the first quarter of 2013. In addition, Centrica Energy will use the
Zedi Access online platform to remotely monitor and control these sites. 


"Implementing Zedi's technology is an easy way to make sure our field personnel
are making the best use of their time. They can quickly determine which sites
require their attention and are no longer driving to sites that are working
well. They can make changes remotely and, most importantly, they can quickly
zero in on those sites that are down or having production issues", says Dave
Martin, Cost Control Specialist of Centrica Energy Upstream. "In today's natural
gas environment, using technology at site is an important tool to help us reduce
operating costs while maximizing production volumes. We like the fact that Zedi
can provide the equipment, engineering, web portal and ongoing support for our
teams. It made it easy and cost effective to implement, as shown with
installation completed in 8 weeks across northern and central Alberta". 


With Zedi's field technology and Zedi Access online platform, production data
moves automatically from the well head to Zedi Access in real time. The
consolidation of data on one secure website gives customers the ability to make
instant decisions and changes on their wells, track trends and produce reports
on an individual site or an entire field. This helps with prioritization of
activity to reduce operational costs, production downtime and exposure to
regulatory audits. The ability to automate the import of Zedi Access daily
volumes to a field data capture platform has freed up the operators from
manually entering numbers to focus on production and other corporate priorities.



"We applaud the leadership role taken by Centrica Energy to reduce costs in a
tough commodity price market", says Larry Spagnolo, Senior Vice President of
Market and Customer Solutions for Zedi. "Their choice of Zedi's technology
validates our belief that sound strategic planning of operational practices can
lead to becoming one of the lowest cost producers, which is what it takes for
them to achieve their corporate goals". 


Zedi Inc. (TSX VENTURE:ZED) helps the world's oil and gas producers be more
productive, more profitable, and more sustainable through technology backed by
expert consultation and services. Our 60 years of continuous operations in North
America and recognition as one of the industry's best workplaces, sets us apart
in the production operations landscape. With our unique combination of
award-winning automation, data management, and field and professional services,
we offer solutions to our customers' challenges and help them realize their
production potential.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Zedi Inc.
Debra Deane
Investor Relations
403-802-7092
403-444-1101 (FAX)
investor@zedi.ca

1 Year Zedi Inc. Chart

1 Year Zedi Inc. Chart

1 Month Zedi Inc. Chart

1 Month Zedi Inc. Chart