Itsa Energy Acquired by Common Ownership Group of Flow Data, Inc.

SAN ANTONIO, Feb. 6, 2014 /PRNewswire/ -- Itsa Energy announced it was acquired by the ownership group of Flow Data, effective February 3, 2014.  The acquisition strategically positions Itsa and Flow Data to support expansion of upstream and midstream service and solutions capabilities in the Texas oil and gas market.  The alliance enhances both companies' existing abilities to drive service and automation-technology as a total solution. 

Itsa Energy was born from the vision of founder, Joseph Rose who believed producers would benefit from having a single-source for technology design, process management, and service operations.  Itsa Energy specializes in addressing the service needs of small to large producers supporting upstream and midstream automation, corporate systems, and enterprise solutions for oil and gas production and related operations. 

• Technology - Turnkey enterprise IT systems, enterprise DCS and SCADA environments
• Instrumentation – Supporting comprehensive facility automation solutions
• Facility process management - Multi-well, salt water disposal, central production, midstream transmission systems and field plant operations
• Field service operations – Providing both instrumentation and electrical, as well as measurement services
• Time and materials – Resources involved with technology, automation and systems

Itsa headquarters will remain in San Antonio, Texas along with its dedicated staff and strong management team led by Joseph Rose.

Flow Data, based in Grand Junction, CO, introduced the game-changing PADManager in 1997.  The configuration-based operating system solved a problem producers where having, managing a shortage of available programmers to customize well site operations.  In 2013, Flow Data released PADPro with an Android™ local-operator interface.  The easy, intuitive navigation and powerful computer with SQL database gave producers access to decision-driving data as never before. 

PADPro's advanced-technology provided Itsa with an opportunity to deliver a premier well site automation solution as part of its standard-integration package.  Flow Data services and installs its product for upstream automation and control throughout North America.  The company currently has operational facilities and field service teams in the Rockies, Williston Basin, Midcontinent and Appalachian Basin regions. 

Now that both companies reside under a single leadership structure, their complimentary service and technology expertise will deliver substantial benefits to the industry.  This partnership will prove instrumental for continued growth and expansion in the Texas market and beyond. 

SOURCE Itsa Energy