Premium Drilling Selects IMPACT Enterprise for HSE Management Solution

Syntex Management Systems, Inc., a provider of Enterprise Risk Management (ERM) software solutions says that Premium Drilling is implementing IMPACT Enterprise(R) as their operational risk management solution for health, safety and environment. Premium is the first drilling contractor to implement IMPACT and joins the many major corporations already using IMPACT Enterprise such as ExxonMobil, Shell, ConocoPhillips and M-I SWACO.

IMPACT Enterprise will be used as the platform for the development and implementation of operational risk management business processes for Premium Drilling, enabling a uniformed culture to be shaped at the inception of Premium Drilling's business operations. Creating the right culture early on allows for strong uniform standards and importance to HSE initiatives be set in place as Premium Drilling matures.

Syntex looks forward to working with Premium Drilling towards achieving their goal to become the contractor of choice for safe and environmentally responsible drilling services, while providing new high specification jack-up drilling units.

Syntex has raised the bar in providing collaborative software for all users to be able to report incidents and manage action items in IMPACT Enterprise. The Preferred Practice implementation, which has been widely successful with many customers in the industry, will provide Premium with industry standards at a rapid rate. The implementation of IMPACT Enterprise will be completed during the first quarter 2006.

Syntex Management Systems designs, develops, and delivers software solutions for Enterprise Risk Management in multiple industries. Syntex is helping organizations around the world reduce exposure and loss, and thus reap significant improvements in Enterprise Risk Management (ERM) and Quality, Health, Safety and Environmental (QHSE) performance that impact the bottom line.