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Under this contract, Baker Energy will be providing a broad range of managed services for Escambia in order to optimize the field's production volumes. These include general management, operations and maintenance, data management, capital work program management, supply chain management and production reporting. In addition, Baker will subcontract with PetroAcct LLC to provide financial accounting services for the operations. Work on the contract began on June 1, 2006.
"We are pleased that Escambia has recognized our vast experience with the type of gas that is produced in this field and our ability to deal with the challenges it presents," John Hickman, senior vice president for operations and program management, said. "This also marks Baker Energy's first contract in Alabama, and we hope to leverage this new presence into other producing areas of the state, including the Black Warrior Basin."
"We are pleased to have Baker Energy serve as contract operator for our recently acquired Alabama assets, that include several producing fields and two large gas processing plants," Jeff Bartlett, chief financial officer of Escambia Asset Co., LLC, said. "We believe Baker will be able to efficiently manage these complicated assets in a safe and environmentally friendly manner. We especially value Baker's emphasis on its people, its efficient procurement of goods and services, and its focus on process safety management."
Baker Energy works with oil and gas companies worldwide providing total operations and maintenance solutions. By integrating its diverse operating and management skills, Baker Energy has evolved into a single-source supplier of competency-based personnel recruiting and training, comprehensive operations and maintenance, and supply chain management services.
Michael Baker Corporation ( http://www.mbakercorp.com) provides engineering and operations and maintenance services for its clients' most complex challenges worldwide. The firm's primary practice areas are aviation, environmental, facilities, geospatial information technologies, pipelines & telecommunications, transportation, water/wastewater, and energy. With more than 5,000 employees in over 40 offices across the United States and internationally, Baker is focused on providing services that span the complete life cycle of infrastructure and managed asset projects.
Michael Baker Corporation
Web site: http://www.mbakercorp.com//
