Excel4apps announced that Grana y Montero Petrolera S.A, a Oil and Gas company based in Mexico, have selected GL Wand to complement their Oracle Financial reporting toolset.
Graña y Montero Petrolera was established in 1984 to provide services to the gas and oil industry. Initially, it limited its activities to Talara region, where it provided its oil field and well drilling services to oil companies operating there. At present, GMP's have expanded significantly and reached major regions throughout the nation.
In Talara, in addition to well drilling, GMP also performed its own oil prospecting and drilling operations in two blocks currently producing 1200 barrels of oil daily and 5 million cubic feet of natural gas a day. It also operates a new gas processing plant of 40 million cubic feet/day throughput.
Since 1998, GMP has operated nine fuel terminals through Consorcio Terminales. These terminals are located along the Peruvian Pacific Coast and Andes regions. In 1999, Germany's Oiltanking GmbH joined Consorcio Terminales and together with GMP, they created Oiltanking Andina S.A., presently shareholder and operator of the chemical plant at Matarani port, in Arequipa, an operator of Pure Bio Fuels, since April 2010. It also provides Operation and Emergency Response Services at the Pisco-Camisea marine terminal.
For more information on Grana y Montero Petrolera S.A please visit www.gmp.com.pe
For more information on Quadrantix the transaction partner please visit www.quadrantix.com