A new web-based service promises neutral, E&P focused e-commerce. A clutch of industry worthies are backing eNersection, which will allow product and service purchase over the net.

A group of senior energy industry executives has formed eNersection.com, an on-line, web-based service that will allow exploration and production companies to purchase products and services over the Internet. eNersection boasts an impressive management line-up with - Zeke Zeringue as President and CEO and other industry worthies on the board such as Rich Pattarozzi, Claire Farley and Chad Deaton.

$130 billion

eNersection, according to Zeringue, is aiming at “reducing transaction costs and improve the flow of technical information for a global industry that spends in excess of $130 billion a year on equipment and services”. The eNersection technology will integrate proprietary systems already in place and will enhance traditional industry buyer-seller relationships.

Enabling technology for eNersection is to be provided by Atlanta-based OnDisplay Inc. – whose CenterStage e-business software is used at e-commerce sites such as W.W. Grainger, Travelocity.com, and MicroWarehouse. �

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