Q5 Systems Limited - 2005

““Pay me now or pay me later!”Pay me now or pay me later!”

Reducing field data capture, reporting, trend analysis and corrective action by up to 70%

Some oil and gas perspective Some oil and gas perspective Alberta EUB RequirementsAlberta EUB Requirements

AEUB Mission - To ensure that the discovery, development, and delivery of Alberta's energy resources and utilities services take place in a manner that is fair, responsible, and in the public interest.

Vision - The EUB will continue to build a regulatory framework that inspires public confidence.

EUB Business Plan 2005-2008 –”Focus inspections and assessments on high risk energy operations”

So what’s industry’s response?

Q5AIMS Software Design

AdministrationUser set-up, security access, reporting roll-up, system tables and business rules.

Detail ReportsDetail presentation, graphs and executive summary.

Complete AuditImplement your audits. Use on desktop PC, or port to mobile devices on laptop or PDA.

Audit DesignBuild checklists, define regulatory references, integrate supporting documents, pre-program desired responses, add recommended actions, assign performance scoring.

Corrective Actions (CA)Follow up your audit findings. Create action items. Assign responsibility and accountability.

Management ReportsSummary and Trend multiple audits. Drill down to problem areas. View non-compliance areas.

Audit Findings

Corrective Action ReportsView CAs by importance, progress, assignee, CA type.

ClosureLink Audits to Findings and CAs. Review status, approve and close out.

Faster. Easier. Better.

…or out-source infrastructure and support with a Q5AIMS Web Hosted Solution

If you require an on-site installed system integrated with your own technology, Q5AIMS Web installed is your solution….

Shared Database

•Web Interface - 24/7 Anywhere global access

•Advanced Role Based Security for your company locations

•Mobile Data Capture for Laptop, Pocket PC and Tablet

•Can support multiple internal customers

Web Browser Remote Access – Wireless Ready

Q5AIMS “real time” Web Version

Why Choose Q5 AIMS oil and gasWhy Choose Q5 AIMS oil and gas ee--auditaudit solutions?solutions?

Q5 AIMS is compatible with all your internal and third-party audits & inspections

Can be user-customized for 100% compatibility with regulatory standards as well (ie: EUB, COR, Partnerships audits, ISO etc)

CAR module ensures your corrective actions get ACTION

Eliminate paper and administrative burden of conventional paper-based checklists

Ensure quick, accurate reports. Eliminates data entry errors

Operating in Today’s Operating in Today’s Regulatory EnvironmentRegulatory Environment

Complexity of Regulatory Complexity of Regulatory RequirementsRequirements

Today’s Oil & Gas Industry operates within:

– Multitude of government levels– Abundance of acts, regulations, guides, letters– Diverse regulatory requirements

Health & Safety Environment Operating Engineering

Industry’s ChallengesIndustry’s Challenges

The Oil and Gas Industry faces many regulatory challenges:– Extremely regulated with high expectations from both

public/government– Mandated inspections– Lack of understanding of regulatory requirements– Reduced resources available to meet business and

regulatory needs– Inadequate documentation supporting regulatory

compliance

Understanding Today’s Understanding Today’s Regulatory EnvironmentRegulatory EnvironmentIndustry’s success is no longer measured by

the volumes it produces, but also by its’ ability to operate within regulations.

Industry’s “operations” bear the brunt of the regulatory requirements and challenges

Industry must identify and utilize tools to ensure compliance and understanding of these requirements

Q5, Industry, and Q5, Industry, and Regulatory RequirementsRegulatory RequirementsQ5 AIMS is a tool that will aid Industry

through:– Building on regulatory knowledge and

expectations– Identification and action on Non-Compliance

issues proactively– Ability to document regulatory compliance– Reduction in frequency and severity of Non-

Compliance

Q5, Industry, and Regulatory Requirements (Cont’d)Q5, Industry, and Regulatory Requirements (Cont’d)

Q5 AIMS allows:– Development of audit/inspection templates

based on “ANY”: Regulatory requirement Process/procedures Checklist

– Ability to assign responsibility and follow-up on non-compliance issues

– Ability to document compliance

SummarySummary

Legislation and regulatory requirements will continue to grow in both volume and complexity.

Industry must understand that we are legislated to produce oil & gas while meeting all regulatory requirements.

Allowing government to identify compliance issues is reactive – we must recognize this and apply those tools and resources that will allow a proactive approach to regulatory requirements.

Summary (Cont’d)Summary (Cont’d)

Q5 is a tool that will allow a company to demonstrate compliance to regulatory requirements

Q5 is adaptable to changes both in regulations and operating conditions

Q5 operating platforms and systems utilize today’s technology

Q5 allows industry to be proactive in today’s regulatory environment

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