EnergyPoint Research Receives Houston Ideation Award

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Company honored for innovation through its independent measurement of customer satisfaction in oil & gas industry.

EnergyPoint Research, Inc., an independent research company that measures customer satisfaction in the oil and gas industry, announced today that it has received the Ideation Award, Readers Choice, from the Houston Business Journal. In its inaugural year, the Ideation Award honors those innovations that have changed products, processes and/or services in important Houston industries.

In accepting the award, Doug Sheridan, founder and managing director, cited that the oil and gas industry in 2008 will spend almost a half trillion dollars on products and services covered in EnergyPoint's surveys. EnergyPoint's research reveals the comprehensive opinions of purchasing decision-makers and influencers concerning major oilfield product and service suppliers and measures the performance of these companies in meeting key customer needs.

According to Sheridan, the survey's findings are particularly relevant now because of the oil patch environment. Quality issues, production and delivery delays have been prevalent and service has deteriorated at a time when access to supply is a top concern, says Sheridan. This increased interest in supplier performance manifests itself in increased participation in EnergyPoint's survey over previous years with more than three times as many evaluators participating in the lastest survey.

About EnergyPoint Research, Inc.
EnergyPoint Research provides independent research regarding the oil and gas industry's satisfaction with the products and services it purchases and utilizes. Founded in 2003, the company offers oil and gas industry professionals and their employers opportunities to provide confidential feedback in important areas to oilfield product and service providers through objective and independent evaluation processes. For more information regarding EnergyPoint Research, visit its website at http://www.energypointresearch.com.

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Douglas Sheridan
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