Case Study
HANSA HYDROCARBONS
CASE STUDY HANSA HYDROCARBONS SUNSYSTEMS RE-IMPLEMENTATION BACKGROUND Hansa Hydrocarbons is an E&P company focused on the prolific gas basin which extends across the Southern North Sea to onshore Northern Europe, concentrating on the development of appraisal opportunities. The company has built a portfolio of operated and non-operated projects in the UK and German Southern North Sea and continues to seek further opportunities to grow the portfolio through acquisition and license awards. When Progressive met with the Chief Financial Officer of Hansa in early 2010, the business was a small start-up, yet to establish a revenue stream, and with ambitious plans for growth. To support these plans, Hansa had recently commissioned the implentation of SunSystems finance and reporting system. OVERV