March 2005
Houston, TX
For more than 70 years, Tobin International has been the standard for oil and gas industry maps. Tobin led the transformation of the industry from paper lease maps to digital maps coupled with information databases, satellite imagery and geographic information systems (“GIS”). In December 1998, Energy Spectrum invested in Tobin, enabling it to acquire Innovative Business Solutions (“IBS”). IBS provided land and lease management software for the oil and gas industry. In December 2003, Tobin merged with P2 Energy Solutions, Inc. (“P2ES”), a subsidiary of Petroleum Place. Energy Spectrum sold its interest in P2ES in March 2005.