March 2011 Jump to: Welcome to the first issue of Entero's Corporate Newsletter. We received a lot of great feedback from our December survey and have crafted this newsletter content based on your interests. There are a number of different topics in this issue, including updates to our product capabilities, training sessions, and FAQs. Feel free to click on the logos above if you wish to be directed to a specific section. As always, Entero values your comments and suggestions. If you would like to share your thoughts or have any content requests, please contact us.

Entero Mosaic Why Use Advanced Change Control Upcoming Mosaic Releases How to Get Help... Fast Future training dates Entero Presenting at SPEE Mosaic FAQs

Why Use Advanced Change Control There are a number of benefits in using Advanced Change Control compared to Simple Change Control. Users of this new feature have seen a difference in how data is managed and effectively used by different people at the same time. With Advanced Change Control, your company will have:

Higher level of confidence in the data Run reports and make decisions on your complete portfolio without worry that the data is being updated or changed by someone else.     Increased productivity Run scenarios independently, removing the possibility of interference with the approved data or other team members’ work.     More clarity around reserve modifications Working copies are only edited by one person at a time. Approvals can be made for finite changes rather than aggregate changes.     Improved workflow and communication Automated notices can be generated and sent to approvers during the approval process. Changes are tagged with comments and proper audit trails.     Greater flexibility Have higher confidence in the data and make more accurate and timely decisions. Data approvals can be limited to those with more experience or expertise.

Upcoming Mosaic Releases There are many exciting items in Mosaic product development, with a number of releases scheduled for 2011. v2010.9 is our latest service release in the 2010 series and is now available. A full list of changes can be accessed from Mosaic Client Services. We will continue to develop and maintain Mosaic v2010 to ensure continuity for all of our clients. v2011.1 will be available later this year. In order to better support our U.S. customers, our 2011.1 release will have a variety of significant changes including: Additional data vendor connections to IHS (Dwights 298 format), Drillinginfo, HPDI, and Lasser; Flexibility in defining and scheduling state income, severance and ad valorem taxes; and, Improved U.S. reporting including extended SEC output. Contact Mosaic if you’d like to see some of this new functionality.

How to Get Help... Fast

Entero is proud to offer the best software support in the industry. Our expertise and ability to answer questions in a timely manner are second to none! Below is a comparison of how our service levels outshine even the best standard in the software industry.

Self Serve	Click to enlarge
Release Notes The Release Notes (in the Help Menu) outline the main features associated with each new release.
Online Help Our Online Help continues to be regularly updated with new and refreshed content. This help system is the best place to look for instructions on how to use specific functional aspects of Mosaic.
Context Sensitive Help Help related to specific items in Mosaic can be accessed by clicking on the green question mark icon shown on the interface. This action will open a new tab containing a description of the topic.
Search Solutions – Knowledge Base (2010.9 or later) This new feature gives you access to a knowledge base with hundreds of answers to commonly asked Mosaic questions. Go to Help and click Search Solutions, then type in your question to access this time-saving service.
Full Serve E-mail your Question The fastest way to get an answer from our full service Mosaic Help Desk is to email your question in the Subject Line to mosaic-support@entero.com. One of our Analysts will get in touch with you promptly with a reply.
Call our help desk Tried and trusted, our help desk operates from 8:00 – 5:00 (MT). Analysts are available to answer tricky questions and get you going with Mosaic. Call (403) 261-1820 ext. 6003.



Future training dates

For a complete list of our upcoming Mosaic training dates, please view our training information.
 

Entero Presenting at SPEE

On April 18, Todd Kuipers, Product Manager Entero Mosaic, will be presenting Mosaic's Tunisian Fiscal Model at the Society of Petroleum Evaluation Engineers (SPEE) Software Symposium. This event is being held in Houston, TX at the Marathon Oil Corporation Conference Center. Read more.
 

Mosaic FAQs

• Why does my cash flow report display a PAYOUT of 0?

  On the Cash Flow report a Payout of 0 will be displayed under the following two conditions:

  1. When the entity does not payout, (ie: capital costs are not recouped from future income)
  2. If there is production before the capital cost is spent or no capital costs are entered (in these examples the entity is not treated as a new well and the payout is set to 0)

   

• How can I hide the ‘Tooltip’ showing in the hierarchy?

   

  1. To hide the Tooltip which appears when you hover the mouse over an entity, go to the Tools > User Settings...> General tab
  2. Under the Appearance heading, remove the tick from Show Hierarchy Tooltip
  3. Click Apply, then OK

   

• Why would a Capital Reversion revert to an After Payout interest immediately?

  A Capital Reversion would revert to the After Payout interest immediately when:

  1. Either Lease Cost (COGPE) or Exp G&G (CEE) were only chosen as the Capital Types. Being unrelated to any drilling activity, both of these capital types are not factored into any capital which needs to be recouped, hence the interest is reverted to the after payout perspective immediately. (If these capital types are chosen in combination with other capital types, only the other capital types will be taken into account.)
  2. The CUM Cash Flow was positive at the start, (effective date), of the evaluation. For a reversion to work the CUM Cash Flow must start as a negative number and then go positive. If it starts positive, then Mosaic will revert to the After Payout picture right away.

   

• How do I create a read-only user?

   

  1. Under the Admin > Data Security, create a new Security Group named "Read-Only". On the Hierarchy tab, set the highest levels of the hierarchy to "Read" status.
  2. On the Admin > User Settings tab, highlight the user you wish to make read only.
  3. Activate the Security Enabled checkbox.
  4. On the Data Permissions tab you need to make the "Read-Only" group current.
  5. The user should exit and reopen Mosaic to see the changed permissions.

   

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Entero ONE Production Accounting (E1PA)

E1PA Tips & Tricks

	Click to enlarge
E1PA’s new Quantity Quick Entry screen allows you to select a set of locations or enter all quantities for all locations in your property with a click of a button. The entry screen provides sorting and ease-of-use features, such as product totals, move and sort columns, and highlighting product colors. Overall a great mechanism for entering quantities with a view that suits you!
E1 provides online messages to assist in compliance regulations (PRA/EPAP), as well as tolerance settings to ensure the most efficient and accurate data is provided to the end user and your company. The messages are either Warnings or Errors and can be quickly edited online by the end user. These messages relate to the state of data when a save action is performed, or provide information post running a system process. Examples include: proration factor tolerance, meter difference tolerance, WIO not totaling 100% and many more. E1 allows users to search workspaces by a message, as well as provide a visual indicator, such as an exclamation point (!), where messages exist.

Client Spotlights

Entero continues to grow its Production Accounting client base. Read about the work we’re doing with Zargon Oil & Gas Ltd. here.

We are also pleased to announce that Ptarmigan Oil and Gas Accounting Ltd. has entered into a business partnership with Entero and is currently implementing the E1 software system. A successful implementation has already occurred with one of Ptarmigan's clients’ (who has interests in Manitoba) now live using E1PA. Congratulations to Ptarmigan and we are looking forward to the continued success and collaboration between our two businesses.

E1PA FAQs

• How can I sign up for a demo?

  Entero hosts a number of E1PA lunch demonstrations every month. This is an interactive way for you to learn about the product and ask questions. These sessions also give us a chance to understand market needs and continuously improve our product. Please contact Lyne Arbour-Heim (403.538.5900) or Dean Novak (403.538.5960) to reserve your seat today!

• Is there an easy way to input opening inventories?

  
  E1PA’s Opening Inventory screen allows you to find all storage locations in your property for quick and easy volume updates for all products. The volumes can be entered by well, owner, and producing battery. NGL inventories can be entered by component and a running total of the inventory is displayed. This allows users to validate that the total NGL Mix is as expected.

  Also, an Auto-Populate Dimensions feature is available to find all owners and wells for a particular inventory, which makes data entry quick and efficient. The user can still manually enter these source locations and owners, if so desired.  

• Where can I find more information about E1PA?

  Our website is a great resource for initial information. The brochure provides an overview of our product and can be downloaded here.

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Entero ONE Trading & Marketing (E1TM)

E1TM Tips & Tricks

The Entero ONE (E1) application has several functions to help users move more quickly within the application and manipulate results.

	Click to enlarge
Shortcut Keys By hitting the Alt and “ . ” key, you can move forward between tabs in the application. Alt and “ , ” key moves you backward between tabs in the application.
Changing Screen Layout In E1, users can modify the screen layout to allow for comparing workspaces horizontally or vertically. For example, if a user wants to compare two prices side by side they can do the following:
Do a Search in the Price Workspace to return all propane prices:
Click the Options button and select Create a New Workspace:
Click the Search button again. This time users will see a new Price 1 Workspace:
Next ,click on the Windows Menu and select New Vertical Group:
The two Price Workspaces will be displayed in different panes:
To remove the split panes, click on the Windows menu and select Move to Previous tab group:

Industry News

On March 10, 2011, the Daily Oil Bulletin (DOB) ran an article called “Railroads Want to Ship Saskatchewan Crude” (read article here). This article alluded to the fact that crude oil being transported by rail is here to stay and that alternatives to pipeline transportation for multiple commodities is a requirement.

It's important to note that Entero ONE Trading & Marketing (E1TM) software provides detailed operational functionality for rail, truck, vessel, and pipeline. E1TM traces railcars, utilizes strapping tables to determine optional loading, schedules railcars and trucks, and sends shipping notifications (including railcar orders) for all products.

Our software is able to adapt to the changing needs and operations of our clients. We have deep knowledge around the physical movement of commodities and our foundation has been built on 17 years of experience in this capacity.

To learn more, please contact Mike Flaman. 

Sign Up Now! Monthly Lunch & Learns

Since 2009, Entero has provided complimentary professional development sessions, covering a wide range of functionality offered in current and future versions of our system. We have also worked with our clients to determine the topics that are of the greatest interest. The professional development series has been very well received by our clients, who find tremendous value in the content and ability to utilize new aspects of Entero ONE.

As part of our professional development series, Entero hosts complimentary training seminars once a month. Lunch is provided to participants joining us on-site at Entero’s office, but participants also have the ability to join remotely via Live Meeting.

To find out more information or to reserve your seat, contact: marcomm@entero.com.

E1TM FAQs

• Where can I find documentation about E1?

  E1 help can be accessed in a couple of ways. Clients can log on to the Entero support site, click on E1 Help and search through a variety of help documents. By clicking the link to External Help, users can access a variety of business process documents. Within the application, users can access documentation by clicking the F1 button and displaying the help panel.

  Clients can add their own documentation to the Help Menus by clicking the Create Internal Documentation button.

• How can I update my company’s logo on invoices and contracts?

  First, ensure all users are off of the system and all of your Workspaces are closed. Change your Role to System Admin.

  Select the Tools menu and click on Preferences. In the Preference Maintenance Manager, scroll down to the bottom of the window and click the System button.

  Input the file path in the Company Logo File Name field. You may have to use the UNC filepath here depending on your network configuration. Please contact your Client Manager if you need assistance with this.

• My search criteria brings back quite a few results. How can I filter results?

  The first step is to limit the results by setting the search parameters in the side search panel before you run the search. Then you can select rows in the result set to be removed—using either the shift or the control key, RMC and select Remove From Results.

  Also, you can Filter by any of the column headings to organize your results. To do this, click on the header of the column, this will allow you to sort. Or, RMC on the column header and select Filter for more filtering options.

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