Spring Rock Production President and CEO, Randall Collum, says the new service was created to fill an urgent and growing need in the marketplace.
"In my prior position with Merrill Lynch Commodities, Inc.
(MLCI), I developed strategies that required extensive knowledge of the supply, demand and storage of natural gas in North America," says Collum
"I quickly realized that no one was offering market decision-makers accurate, current data on natural gas production in North America coupled with integrated analysis.
So, I began creating a model that would do this."
Collum, a chemical and petroleum engineer with deep energy experience and financial expertise, worked for more than six years with BP, and five years with MLCI before forming Spring Rock Production in April, 2011.
"Our package of reports is geared toward energy market participants like traders, analysts, utilities, and producers who understand how variations in production affect price and volatility," says Collum
"All analysis, historical data and assumptions are included in our reports and clients have an open line to our analysts.
We believe our technical expertise in petroleum engineering combined with our experience in commodity trading, drilling, production operations and fuel procurement gives us unique perspective and insight."
Several well-known energy and financial experts will be joining Collum
to make up his
executive team, and he
plans to announce those additions soon.
Steve Johnson, president and CEO of Houston's Waterborne Energy, is a financial partner and advisor to Collum and his Spring Rock team.
For more information, visit www.springrockproduction.com, or contact Randall Collum