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Posted On: 06/04/2021 1:33:31 PM
Post# of 7849
$HOILF is stepping up the development of their OilEx and OilExchange platforms and completed the integration of its recently acquired (Q4 2020) FinFabrik subsidiary. Significant operational highlights included:
Q1 2021 Highlights:
Integration of FinFabrik and establishment of Hong Kong office with focus on operations and product R&D
Reorientation and build-out of in-house software development and product management teams
Consolidation of FinFabrik technology stack for application in energy trading and data analytics
Development of Hunter technology platform with focus on OilEx marketplace and launch of pilot
Start of business development, market engagement and partnership activities
Hunter CEO Florian M. Spiegl commented: "In the first quarter of 2021 Hunter was focused on completing the transition of the business from oil exploration and production into building and operating digital marketplaces and data analytics solutions for the energy sector. We followed our roadmap with establishing an expert team, delivering an initial version of OilEx and connecting to the market, including forming key partnerships. This formed a solid foundation to further engage with potential clients and develop market relationships."
Q1 2021 Highlights:
Integration of FinFabrik and establishment of Hong Kong office with focus on operations and product R&D
Reorientation and build-out of in-house software development and product management teams
Consolidation of FinFabrik technology stack for application in energy trading and data analytics
Development of Hunter technology platform with focus on OilEx marketplace and launch of pilot
Start of business development, market engagement and partnership activities
Hunter CEO Florian M. Spiegl commented: "In the first quarter of 2021 Hunter was focused on completing the transition of the business from oil exploration and production into building and operating digital marketplaces and data analytics solutions for the energy sector. We followed our roadmap with establishing an expert team, delivering an initial version of OilEx and connecting to the market, including forming key partnerships. This formed a solid foundation to further engage with potential clients and develop market relationships."
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