Hart Energy Acquires Rextag Mapping & Data Services

HOUSTON, Oct. 25 /PRNewswire/ -- Hart Energy Publishing, LLLP, a leading provider of news, information and data to the global energy industry, has acquired Rextag Strategies, a mapping and GIS (geographic information system) database services company, in an all-cash deal.  Both firms are privately held and terms of the transaction were not disclosed.

The Rextag acquisition adds to Hart Energy's growing content portfolio with the addition of digital GIS databases and mapping services, custom digital cartography, pipeline flow and capacity data, energy infrastructure wall maps and reference books, all covering oil, gas, and other liquid pipeline operations throughout the United States

"Our staff brings years of experience with GIS (Geographic Information Systems) and in-depth industry knowledge to ensuring the latest, most up-to-date and comprehensive information available," said Reinold (Rey) Tagle, Rextag's founder.  "Joining forces with Hart Energy will allow us to compete for larger projects and meet the expectation of the largest customers."

Rich Eichler, CEO of Hart Energy, noted that, "The Rextag acquisition marks the establishment of our new Energy Mapping and Data Visualization Services division – with Rey Tagle serving as our division VP.  It's an important step in executing our strategy to bring more value-added information products and services to the industry."

Rextag Strategies, based in San Diego, specializes in building GIS databases and producing highly accurate maps for oil and gas pipeline operations throughout the US.  Rextag publishes the Interstate Natural Gas Infrastructure Map Book, a unique resource, and its mapping and data visualization capabilities can be applied worldwide.

Hart Energy Publishing, LLLP is one of the world's largest energy industry publishers.  Since 1973, Hart Energy has been recognized for expert coverage of the global energy industry with award-winning magazines, newsletters, directories, conferences, consulting services and online resources. Hart Energy's editorial team – the largest in oil and gas publishing – produces more than 25 individual titles, and the Company's subscription-only unconventional gas web site, UGcenter.com, ranks among the leading information portals for this emerging resource base.

SOURCE Hart Energy Publishing, LLLP