The parties have agreed that Interaction will manage all of Aker Exploration’s EM data with at scope of work that includes:

• Quality Control of aquired EM data
• Remote storage in Interaction's EM Data Management Solution
• Application hosting

Electromagnetic surveying is recognized by the oil industry as a useful complementary tool to seismic in exploring for hydrocarbons. Aker Exploration is one out of many oil companies collecting large volumes of EM data.

Aiming at efficient use of its own core competencies Aker Exploration has been looking for a technology and service company offering user friendly solutions to manage its EM data. Interaction – a company specializing in EM technology and services in close collaboration with key customers – is their choice.

The agreement entered into between Aker Exploration and Interaction leaves the tasks and responsibilities related to operation of EM data management system and hosting of application software with Interaction. The users have remote access to the EM data bank at Interactions facilities. Interaction also carry out quality control of EM data and related surveying data before these are stored and ready for use by various application programs.

Rune Halvorsen, the CEO of Interaction, emphasize that the agreement with Aker Exploration is framed with the aim to make life as easy as possible for the client and its active users of EM data. Terms and conditions make it easy to see and control what services the client is invoiced for. Interaction’s plug and play technology enable the client personnel to make easy use of either Interaction’s or the client’s own application software. The internet connecting client personnel to our servers yield fast and safe access to the client’s EM data including eventual existing interpretations of these, and release the client from IT operational tasks and problems. Aker Exploration’s choice was to leave the operation of data bases and hosting of applications with Interaction. Other clients have chosen to install and operate Interaction EM data management solution and applications on their own computers and servers – Rune Halvorsen says.