PNEC sold

Following founder’s death last year, venerable oil country data conference sold to Oil and Gas Journal’s publisher PennWell

Cindy Crouse has ‘found a good home’ for her Petroleum Network Education Conferences (PNEC) organization which has been acquired as a going concern by Oil & Gas Journal publisher, PennWell.

Crouse, who hosted a successful 17th conference last May (Oil ITJ June 2013), is to continue as a consultant to PennWell and will be organizing next year’s edition, scheduled to take place May 13-15th in Houston.

PennWell president and CEO Bon Biolchini said, ‘We are enthusiastic about the opportunity to work with Mrs. Crouse on the development of this prestigious conference founded by her late husband, Phil, a long-time petroleum engineer and consultant. No industry is more reliant on accurate, comprehensive, and well-managed data than oil and gas and PNEC has developed a loyal following among major operators, independents, NOCs and technology companies. We will also be leveraging our publishing assets and event expertise to maintain the quality of the conference content.’

Management of PNEC will now be handled by PennWell VP Mark Peters. PennWell also organizes the Deep Offshore Technology conference and the MAPSearch portal of North American pipeline infrastructure. More from PNEC Conferences.

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