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Industry Veteran Mike McCrory Joins P2 Board of Directors

Former IHS President and COO Brings Wealth of Data Experience and Upstream Knowledge to P2

DENVER, CO -- (Marketwired) -- 04/03/14 -- P2 Energy Solutions ("P2") is pleased to welcome Mike McCrory, a recognized veteran in the upstream oil and gas space, to its team. McCrory, IHS Energy's former president and COO, recently joined the P2 Board of Directors and will work with the entire P2 team and the other members of the board to help P2 and its customers achieve their short- and long-term business objectives.

"Though the energy industry is very dynamic, it's also proving to be highly adaptable," McCrory said. "When I look across P2's spectrum of products and data, it's hard not to get excited. Their passion for helping customers better execute their individual strategies, whether it's acquiring a strategic lease position or enhancing well-lifecycle management across the organization, is evident."

McCrory served in multiple capacities during his tenure at IHS, including as senior vice president of new market development, vice president of global marketing and vice president of various core business units. He's currently an independent consultant and has worked with a number of companies, from small start-ups to Fortune 100s.

McCrory said much has changed in the upstream sector in recent years, but one principle will always remain: For companies to succeed, "they must get the right people and empower them with the right tools, products and information." That information, he said, includes complete, accurate and current geospatial data, which upstream professionals use to reduce their risks when making strategic investment decisions.

"That's one of the main reasons why I'm so excited about working here, because Tobin Data is the industry standard in oil and gas data and has been for many years," McCrory said of the geospatial data that P2 provides. "Tobin got its start nearly a century ago because of an entrepreneur who had a vision. And the Tobin team continues to evolve both their coverage of new shale plays and the technology that empowers the customer experience. To say that I'm glad to be part of that vision going forward is an understatement."

McCrory graduated in 1978 with a bachelor's degree in political science from the University of Colorado. He has two daughters, Caitlin and Rachael.

"I know I speak for everyone at P2 when I say I'm thrilled to have Mike on our board," said Charles Goodman, P2's president and CEO. "He's business-minded and growth-oriented, he's a leader and he's a visionary. With him in our boardroom, I know great things are going to happen for P2 and our customers around the world."

About P2 Energy Solutions

P2 Energy Solutions is the only technology company that provides a comprehensive range of software, geospatial data, land management tools, and outsourcing to the energy industry. More than 1,500 companies use P2 products and services daily to improve decision-making, gain clarity into complex workflow scenarios, and optimize upstream efficiency. P2's core focus is the upstream oil and gas industry. P2's solutions are flexible and extensible and have been adopted by customers in manufacturing, midstream oil and gas, mining and minerals. With more than 80 years of experience in data and 30 years in software, P2 has offices around the world, and employs over 700 people.

For more information, visit: http://www.p2energysolutions.com

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