7 Feb 12 - Federal Govt Grant Award
Commercialisation Australia recently announced the awarding of a $250,000 grant in support of SSL's commercialisation project. This project commenced on 1 October 2011 and is due to be completed by 30 April. 2012. It will implement SSL's Stochastic Reservoir Engineering technology on the "Cloud" to provide global SaaS/PAYU web access and online management of reserves assurance and production optimisation models and associated information services. See the SSL POC Participation document available for download from the download page for more details.
5 Dec 11 - AGM
The company AGM was held at its offices on Monday 5 December 2011. The company's audited annual financial statements and resolutions presented were approved. The company welcomes Mr. Paul Kristensen to the Board and thanks retiring Director Dr. Geoffrey Weir for his contribution. Dr. Geoffrey Weir now heads up the company's new Technical Advisory Board
11 Nov 11 - New White Papers on SRE
Two new white papers on Stochastic Reservoir Engineering are available for download.
15 Sep 11 - GasGen GUI approved
SSL's has developed a Excel based interface for gas planning services. This interface has been undergoing intensive testing with a major international oil and gas company and has now been approved for use internationally.
19 Apr 11 - Houston OTC May 2011
SSL is attending the 2011 USA Houston OTC with the AmCham Australia Trade Delegation. Major International and Australian oil and gas industry exposure of its technology has been achieved by SSL attending this event.
12 Apr 11 - IBM
IBM has admitted SSL to its PartnerWorld and Global Entrepreneur Programs. SSL will develop its ISV relationship with IBM through these programs in order to develop and deliver its oil and gas technologies to major oil and gas multinational corporations in partnership with IBM in the short term.
11 Apr 11 - OilGen
SSL's planning application for integrated development of multiple oil fields or linked oil and gas fields for modeling the oil production chain is in final beta testing and will be available to customers in late April early May 2011.