1995 Winner: Outstanding Commercial Achievement in Alberta Science and Technology (Sales less than 25 million)
Software Company Improves Industry
Merak Projects Ltd. is a Calgary-based company that first gained international recognition for its economic and risk assessment software for the petroleum industry. Driven by a strong commitment to research and development, Merak’s repertoire of software has grown to include reservoir and production engineering applications, field data management software and value and portfolio engineering tools. Clients range from intermediate to multi-national oil and gas companies. Distinguished by unique products and outstanding client relations, Merak Products has been recognized by Profit Magazine as one of the top ten fastest growing companies in Canada.