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Enbase Releases New E&P Lease Opportunities Management Tool Built on the Force.com Platform at Offshore Technology Conference
Enbase Technology announces the premier release of its web-based, Lease Opportunities Management tool.

HOUSTON, TX – May 4, 2009 – Enbase, a leading provider of business technology for the Energy Industry, announced today the premier release of its web-based, Lease Opportunities Management tool at the Offshore Technology Conference (OTC) in Houston, TX. Built and deployed on the powerful Force.com platform, and as the first component of its broader Energy Desktop Solution, Enbase’s Lease Opportunities Management tool streamlines and organizes the lease evaluation process. By allowing E&P companies and departments to easily and affordably shift from using spreadsheets and manual processes, the Enbase Lease Opportunities tool provides an automated, rules-driven approach that provides a real competitive advantage in terms of evaluating and securing choice acreage, and significantly lowering the time and cost to do so.

The Offshore Technology Conference is the ideal forum to roll out this powerful new tool. The OTC is the largest annual energy conference in the world, with over 75,000 energy professionals from 110 countries in attendance.

The Force.com platform, as leveraged by the Enbase Energy Desktop, is the fastest, most secure foundation for building and deploying demanding business applications. Unlike traditional software systems that require expensive customization, long lead times and costly hardware investments, applications built on the Force.com platform eliminate risk and barriers to entry. The Force.com platform is used by over 55,000 companies world-wide, including those from such security and performance-conscious industries as manufacturing, financial services and healthcare.

The Enbase Energy Desktop and Lease Opportunities tool successfully delivers enterprise class business technology to all industry participants, and at a fraction of the cost of traditional software systems. It makes the process of valuing leases much more efficient – eliminating the duplication of data, driving collaboration between land, geology, finance, legal and executives, and enabling exploration and production companies to move faster and with more insight across potential assets and opportunities. As E&P companies search for new ways to lower expenses and increase production in today’s cost-focused marketplace, the Lease Opportunities tool provides a truly integrated, flexible technology that brings together all activities, people, and information that make up the business of oil and gas exploration.

Enbase’s Lease Opportunities tool also leverages the mobile capabilities (for the iPhone and BlackBerry smartphones) of the Force.com platform. And in an industry where companies rely on mobile devices to get the job done, the Lease Opportunities mobile component allows E&P companies to further increase speed and productivity.

“The Force Platform provides an unprecedented opportunity for us to create powerful energy technology solutions that are high in quality, extremely affordable, and take only a few months to develop and roll out,” said Wade Bennett, a Principal at Enbase. “We have saved thousands of development hours by developing on the Force.com platform and we have been able to pass this savings onto our customers.”

“Our Lease Opportunities tool helps E&P companies better address the increasing demand and complexity of managing land assets – significantly enhancing the ability for E&P employees to find, use, and share information that is vital to the success of their businesses,” said Bennett. “The Lease Opportunities tool is the first in a suite of tools that will see the addition of Operations, Production, Transaction and other core E&P business components added and fully integrated into the Enbase Energy Desktop in the coming months.”

“Salesforce.com works with industry leaders like Enbase to bring the benefits of cloud computing to their clients. Enbase has deep domain expertise in oil and gas and Force.com provides a comprehensive platform for application development in the cloud,” said Kendall Collins, Chief Marketing Officer, salesforce.com. “As the first application developed natively on Force.com for the oil and gas industry, Enbase’s Lease Opportunities showcases the ability to build and deliver any type of business application with salesforce.com’s cloud computing platform.”

About Enbase

Enbase develops web-based applications and provides technology services that help companies generate improved business results. Addressing operations, workflow, and data challenges, Enbase focuses on the development and support of technology solutions that drive continuous process improvement across organizations. Enbase offers a full range of applications and services focused on production and operational needs including: real-time intelligence, forecasting, asset management, regulatory compliance, and workflow management. For more information please visit our website at www.enbasesolutions.com.

About the Force.com Platform and AppExchange

Force.com is the only proven enterprise platform for building and running business applications in the cloud. The Force.com platform powers the Salesforce CRM applications, more than 800 ISV partner applications like those from CODA and Fujitsu, and more than 100,000 custom applications used by salesforce.com’s 55,400 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel.

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