Torch Energy Advisors Inc. and Advantage Energy Services Ltd.formed EnerStar Services to provide oil and gas operations andtechnical outsourcing services in North America. Bill Ploquet,former president of Advantage Energy Resources, has been named CEOof EnerStar.

“The concept of outsourcing a company’s entire oil and gas fieldoperation is relatively new in the industry, but companies arefinding that in this economic environment, where cost reduction andproduction optimization are essential, outsourcing is a great wayfor energy companies to have experts run their operations whilethey focus on their core competencies – finding oil and gas.”

Torch operates more than 3,000 wells for clients throughout theUnited States, producing more than 85,000 barrels of oil equivalentper day. Since formation in 1991, Advantage has provided operating,optimization and technical support services to more than 50companies and helped increase the value of their assets by morethan $1 billion.

©Copyright 1999 Intelligence Press Inc. All rights reserved. Thepreceding news report may not be republished or redistributed, inwhole or in part, in any form, without prior written consent ofIntelligence Press, Inc.