IHS Energy Acquires International Petrodata Limited

CALGARY (Tuesday, December 9, 2003) – IHS Energy, the global source of oil and gas information, analytical software and consulting services, announced today that IHS Energy (Canada) has acquired International Petrodata Limited (IPL) of Calgary, Alberta. IPL has provided the Canadian oil and gas industry with wellbore data since 1963, including general well data, core analyses, fluid analyses (oil/gas/water) and directional surveys for Western Canada and the Frontier areas.

Both the IHS Energy and Petrodata Well files were created by industry, for industry and are recognized as complete, accurate, and high quality sources of well data. Both files are currently available in AccuMap™.

“We are joining two excellent and highly synergistic organizations. Our long-term business relationship, similar product suites and dedication to quality are very complementary,” said Chris Jones, President, IHS Energy ( Canada ). “For the immediate future, it will be business as usual for our customers and partners. Looking forward, we will integrate the two files, following feedback from customers to ensure we leverage the strengths of both datasets in terms of coverage and accuracy. Together, the IHS Energy Well file and the Petrodata Well file will create a new and unsurpassed suite of well information.”

Bill Carr of IPL also speaks to the significance of this union for the industry. “Joining IHS Energy and combining the skills of both teams means we will be able to leverage our joint expertise to create superior products for our customers.”