Southwestern Energy Company Taps FUTRAK

INSSINC, the leading provider of FAS133 software for energy companies, announced today that its FUTRAK software product has been selected by Southwestern Energy Company to manage its natural gas and crude oil hedges. Richard W. Kulaszewski commented, “INSSINC is uniquely positioned to assist its E&P clients in achieving their goals of hedge management and FAS133 accounting, including the ability to designate Collars under DIG Issue G20 and manage the potential de-designations and OCI tracking that ensues because of adverse weather conditions.”

Southwestern Energy Company is involved with most aspects of natural gas and crude oil, and they range from E&P, to Marketing, to Utility functions throughout Arkansas, Oklahoma, and Texas. “It seems that with FUTRAK’s broad capabilities and optional ASP delivery, we are able to address the diverse needs of the Company in a very efficient way,” stated Mr. Kulaszewski.

Southwestern Energy Company is an integrated energy company primarily focused on natural gas.

Through its wholly owned subsidiaries, the Company is engaged in natural gas and oil exploration and production business. It operates principally in three segments: exploration and production, natural gas distribution and marketing. The Company's exploration and production activities are concentrated in Arkansas, Texas, Louisiana, New Mexico and Oklahoma. It's wholly owned subsidiary, Arkansas Western Gas Company, referred to as Arkansas Western, operates integrated natural gas distribution systems in northern Arkansas. The Company provides marketing services in each of its core areas of operation through its gas-marketing subsidiary, Southwestern Energy Services Company.

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