Derrick Barker, Chief Financial Officer Fredrick "Fritz" Smith, Chief Revenue Officer P2 Energy Solutions provides financial and accounting management software, geospatial data, land asset management tools, well lifecycle management solutions[buzzword], environmental, health & safety solutions[buzzword][1] and outsourcing services[2] to both the upstream and mid-stream oil and gas sectors as well as the alternative energy sector.
The Company raised its seed capital in 1999, using the proceeds to acquire the Oil & Gas Asset Clearinghouse of Houston.
It filed an S-1 to register its shares for public offering in May 2000,[5] but these plans were shelved because of the rapidly eroding interest in Internet IPO's.
That transaction was followed in 2002 with the acquisition of Novistar, another upstream accounting software package which had previously been Oracle Energy.
[6] On June 4, 2013 P2 announced their intention to acquire Australian publicly listed company ISS Group, Limited.