Mustang Fuel Corp. Selects Quorum to Manage Gas Marketing Activities

Quorum Business Solutions, Inc., a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, announces that Mustang Fuel Marketing Company has entered into an agreement to license Quorum Gas Marketing to manage its commercial natural gas marketing activities.

“We were in the market for a system to manage our gas marketing activities,” said Brad Jordan, CIO of Mustang. “Quorum demonstrated a clear understanding of our business and had the capability to meet our business requirements.”

Mustang is a privately held company headquartered in Oklahoma City, OK, and is a wholly-owned subsidiary of Mustang Fuel Corporation. Mustang Fuel Corporation’s operations include gas and oil exploration and production, natural gas gathering and processing, and natural gas marketing.

Mustang is the 5th client to implement Quorum Gas Marketing, an end-to-end gas marketing software solution for companies who buy, transport, and sell natural gas in the physical gas market. Quorum Gas Marketing actively manages marketing transactions and counterparty credit exposure, provides position reporting on both a physical and financial basis, and serves as an analytical tool for marketers, risk managers, analysts, schedulers, and accountants.