MIRA
INFORM REPORT
|
Report Date : |
21.06.2007 |
IDENTIFICATION DETAILS
|
Name : |
PETRESIM INTEGRATED TECHNOLOGIES INC. |
|
|
|
|
Registered Office : |
1011 Highway 6 South, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
04/12/1990 |
|
|
|
|
Legal Form : |
Corporation – Private |
|
|
|
|
Line of Business : |
The Company engages as an engineering consultancy and reservoir management service company in the oil and gas industry. |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
-- |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: PETRESIM
INTEGRATED TECHNOLOGIES INC.
Address: 1011
HIGHWAY 6 SOUTH,
City:
State/Province:
Zip Code: 77077
Country: UNITED
STATES
Telephone: 281
558-6660
Facsimile: 281
558-6772
As of:
Sales / Revenue:
Net Income:
Total Equity:
Legal Form: Corporation
- Private
Website: www.petresim.com
Business Activity: The Company engages as an engineering
consultancy and reservoir management
service company in the oil and
gas industry.
IMPERATIVES
An
electronic search was conducted for the Subject via the internet & amp telephone
directories in
In
addition, a search for nearby companies failed to confirm whether the firm is still located at the heading address. It
should be noted that a general search
provided the following contact information:
--
Petresim Integrated
Technologies
Phone: 713-974-6490
--
It
should be noted that this number is disconnected. No additional details could be found for the
Subject. In addition, we found
information which states that the Subject was acquired in June of 1997 by
Smedvig Technologies. However, we were unable to locate contact information for
Smedvig Technologies. As a result, we could
not confirm information on the Subject by contacting Smedvig.
All
other electronic investigation via the internet and directory assistance failed to provide contact information or a
physical location. An email has been forwarded to the email address which is
listed in this report. If a response is
received in the near future, we will forward an updated report at that time.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 04/12/1990
State/Province of
Incorporation:
Status: INACTIVE
Previous Legal Form:
Company is NOT required
to publish an annual financial report.
The Company is
incorporated in the state of
--
Company Information:
PETRESIM INTEGRATED TECHNOLOGIES INC
1011 HIGHWAY 6
Registration Status: NOT IN GOOD STANDING
Registered Agent: ABDALLA A ABDALLA
3200 WILCREST, STE. 500
State of
File Number: 0117445900
Charter/COA Date: December 4, 1990
Charter/COA Type: Charter
Taxpayer Number: 17603266473
Managers/Key
Personnel
Mr. Abdalla A.
Abdalla President
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD
---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------
ADVERTISNG 07-05 00-00 NET 30 0 0 0 0 0 0 0 CUST 4 YR
COMMUNICTN 07-05 03-02 NET 30 500 500 0 0 0 0 100 COLLECTION
OFFC SUPPL 05-11 01-01 CREDIT 0 0 0 0 0 0 0 CUST 14 YR
SERVICES 04-06 04-02 VARIED 5900 5900 0 0 100 0 0
CURRENT QUARTER 500 500 0 0 0 0 100
Payment Trends
INDUSTRY BUSINESS BALANCE CUR 1- 31- 61-
DATE CUR DBT DBT $ % 30 60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20070600 0 7 105 500 0 0 0 0 100
20070500 0 7 105 500 0 0 0 0 100
20070400 0 8 0 0 0 0 0 0 0
20070300 0 8 0 0 0 0 0 0 0
20070200 0 7 0 0 0 0 0 0 0
20070100 0 7 0 0 0 0 0 0 0
FINANCIAL INFORMATION
Financial information
could not be obtained.
CURRENT OPERATIONS
NAICS Code: 213112
Support Activities for Oil and Gas Operations
SIC Code: 1389
Business Activity:
The
Company engages as an engineering consultancy and reservoir management service
company in the oil and gas industry.
The
Company specializes in geo-science studies, reservoir engineering, reservoir
simulation, enhanced recovery processes, reserves and evaluation, underground
gas storage, and production engineering.
It provides services such as field development and reservoir
optimization, reserves/audits and asset evaluation of oil and gas properties,
and independent technical services in the development of oil and gas fields.
--
EMAIL ADDRESS
-------------
Abdalla@petresim.com
PUBLIC RECORD
A search of public
revealed the following:
------
Name Searched: PETRESIM
INTEGRATED TECHNOLOGIES
Party Address:
Amount: $ 1,625
Creditor: STATE OF
------
No additional tax liens,
or any UCC filings, bankruptcy petitions, or legal proceeding were found against the firm at this time.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)