LIVINGSTON, NJ –
May 18, 2005
IDEAS International,
Inc, a leading
supplier of
financial and
logistics systems to
international oil &
gas and automotive
manufacturing
operations,
announced today that
London, England
based Taghmen Energy
(AIM:TAG), has
licensed the IDEAS
international oil
and gas venture
management solution
for it’s operations
in Guatemala.
Taghmen Energy is an
independent oil and
gas company with a
focus on exploration
and production
opportunities in
Latin America.
Taghmen Energy’s
current oil and gas
assets in Guatemala
comprise the Las
Casas 6-93
concession covering
130,186 hectares in
the Peten Basin of
Guatemala which,
based on a recent
independent
evaluation, is
estimated to contain
potential gross
reserves of
approximately 29.6
million barrels.
“We are delighted to
work with Taghmen as
they move forward in
Guatemala”, said
Lucie Atamian,
IDEAS’ Director of
Global Sales.
“It’s exciting to
work with a company
with Taghmen’s
vision and growth
potential.”
Geoff Killick, CFO
of Taghmen Energy,
commented “The
implementation of
IDEAS will enable us
to effectively
account for and
report on the
company’s activities
as they rapidly
expand over the next
few years.”
About Taghmen Energy
Taghmen Energy is an
independent oil and
gas company with a
focus on exploration
and production
opportunities in
Latin America.
Taghmen Energy’s
current oil and gas
assets in Guatemala
comprise the Las
Casas 6-93
concession covering
130,186 hectares in
the Peten Basin of
Guatemala which,
based on a recent
independent
evaluation, is
estimated to contain
potential gross
reserves of
approximately 29.6
million barrels.
About IDEAS
IDEAS International,
Inc., a US
corporation, is a
multinational
software development
company serving a
worldwide client
base from offices in
the U.S. and
overseas. Founded
in 1982, IDEAS
International has
two decades of
experience providing
software solutions
and associated
professional
services to
world-class leaders
in industry and
government.
Contacts
IDEAS International,
Inc
Lucie Atamian,
Director, Global
Sales
973.993.8000 ext 239
luciea@ideasintl.com
Taghmen Energy
Geoff Killick, CFO
27 Berkeley Square
London W1J 6EL
England
+44 (0)20 7297 4360
info@taghmenenergy.com
