Category Archives for Mergers and Acquisitions

How W Energy’s Cloud-Based Platform Propels the Industry

The oil and gas industry is not known for creating and adapting innovative technology quickly. But with our highly digital world, this is changing, and W Energy saw that writing on the wall in 2009. This week’s episode of the Oil and Gas Accounting Podcast continues with a series that highlights different software being used in the industry and showcases what each one brings to the table for the professionals that it serves. This week’s guest is Pete Waldrop, CEO of W Energy Software. Pete discusses the challenges and changes the industry is facing today

and what W Energy is doing moving forward to expand their product, functionality and business.

Highlights:

2:24 W Energy’s current market share and what drives it

4:39 Why W Energy made the decision to make their technology cloud based back in 2009

6:21 W Energy’s midstream offerings

8:38 The three things that drive clients to W Energy

12:03 Keeping information secure

14:39 W Energy’s recent acquisition

18:09 The three reasons W Energy got into oil and gas and how they serve their customers

About Pete Waldrop:

With over 27 years of experience in software, consulting and the energy business, Pete has helped clients, such as ExxonMobil, Shell Oil, Anadarko Petroleum, Targa Resources and many others, design and implement better software solutions. Prior to joining our team in 2010, he served as a partner at Capitalize Consulting, was a founder and EVP at Quorum Business Solutions, and was the original developer for TIPS in 1992 while at Andersen Consulting — now Accenture. Pete holds a degree in electrical engineering from Oklahoma State University.

Connect with Pete:

www.wenergysoftware.com

About SherWare, Inc.

If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.

SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.

Click here to watch a demo of the software in action right now.

About COPAS:

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

Find a society near you.

www.copas.org

#019-How To Survive Mergers And Acquisitions with Elizabeth Lions

In today’s episode, Tom and Phil are joined by Elizabeth Lions, coach, speaker, author, and consultant. Elizabeth talks about all things mergers and acquisitions and how she helps her clients navigate that through coaching. She gives tips on how to deal with the initial feelings that can come with learning about a merger or acquisition in your company, advice on the first thing you should do, and why even tough situations can be viewed as opportunities.

Highlights:

0:48 Some statistics on mergers and acquisitions

2:40 The feelings that come along with mergers/acquisitions

4:09 Advice for anyone going through a merger/acquisition

7:41 The two schools of thought of  most people who find out their company is going through a      merger/acquisition, and the third, more uncommon one

9:44 Interacting with new teammates after a merger

17:16 Mergers and social media

18:33 Navigating changes that occur through mergers

23:57 What happens when you get laid off?

29:41 Looking at tough situations as opportunities

About Elizabeth Lions:

 Elizabeth Lions is a three time author, with her latest book “Hear Us Roar – Unapologetic Women Leading in Corporate America” making a big splash. She is a coach, a speaker and consultant to the most powerful executives that keep Corporate America rolling.

Her client list includes individuals from Worldpay, TSYS, Booz Allen, Microsoft, Northrup Grummond, Samsung, Global Payments, Bank of New York, Mellon and many other Fortune 500 companies. She is considered a thought leader for WNET( Women In Payments) and has worked in tandem on women’s leadership programs with the IEEE and WITI.

In 2020, Elizabeth was approached by Forbes, and asked to join the Forbes Women Forum. Additionally, Elizabeth joined forces with Executive Women Forum in Dallas. Elizabeth is a resource, partner and speaker for Women’s Society of CyberFitjsu in Atlanta, which identifies, supports and helps promote women in Cyber Security. Additionally she teaches in the Middle East, Jordan and Dubai, where she primarily taught men leadership fundamentals and has classes on mindfulness and leadership.

Elizabeth’s specialty is helping clients land the promotion, find a new job or simply bring their leadership game to the next level. Elizabeth helps executives calm down and focus on what really matters, and together they end up with astonishing results.

When she isn’t coaching the Who’s Who to help them up their game in leadership, Elizabeth can be found on the back of her husband’s Harley Davidson motorcycle or twisting in the yoga studio for hours on end.

Connect with Elizabeth:

www.lionsology.com

LinkedIn: https://www.linkedin.com/in/elizabethlions/

About SherWare, Inc.

If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.

SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.

About COPAS:

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

Find a society near you.

www.copas.org

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