In line with Glex's ambitions to expand its services in the energy industry, the company enters into a Proof Of Concept (POC) period to make well data from an industry-leading data supplier available on the company’s Glex Energy® platform.

"The data supplier is a market leader in the energy industry and will strengthen its position as the company's well data will be immediately available at the Glex-user's fingertips. Glex's mission is to make the digital workflow easier and improve business decisions through easy access and striking computer visualization. With these proprietary data available in the Glex Energy® platform, we really accelerate our level of performance" CEO Jørgen Engen Napstad says.

Glex main product is Software as a service (Saas), focusing on planning, exploration, and business development. By adding well data and production data (seperate project) to the existing portfolio, Glex will significantly expand the range of services to the industry.The duration of the POC period is estimated to be 6 months. Glex will disclose the business model and economic impacts when or if the parties move forward with commercial cooperation.

About Glex:
Glex AS is a software company that develops advanced analysis and collaboration tools for
anyone working on industrial energy decisions, whether exploring or producing hydrocarbons, seabed minerals or exploiting offshore wind or potential reservoirs for carbon storage. Our SaaS Glex Energy® has been in development since 2017. The team consists of industry professionals with extensive experience and unique domain expertise, combined with data-science competence and software developers with a background in the gaming and visualization industry.

Contact:
Enquiries: contact@glex.no
CEO Jørgen Engen Napstad +47 934 06 526