Ponderosa Energy, a Denver consulting and information company serving the oil and gas industry, has been sold to Austin-based Drillinginfo, which analyzes information from the energy sector.
Terms of the deal were not disclosed.
Ponderosa Energy, which has offices in downtown Denver, is a division of Ponderosa Advisors LLC, also based in Denver.
Ponderosa Energy created proprietary data models and applications built on Drillininfo’s data, said Porter Bennett, president and CEO of the parent company, Ponderosa Advisors.
Read more at the Denver Business Journal: http://bit.ly/2g0zO8G